"We are very pleased to be able to offer this new fund to our institutional customers. The portfolio is diversified in the Nordic countries, but we have a moderate preponderance of the domestic markets Sweden and Norway, where properties with a good location and stable cash flows are in focus. To ensure solid growth, we believe that diversification is the key," says Truls Nergaard, head of Nordic Real Estate in Storebrand Asset Management.
Sustainability is an integral part of our entire real estate business and the management of the properties. Storebrand Asset Management has a generally strong sustainability rating at GRESB (Real Estate Sustainability Benchmark).
"Storebrand has been the leader in sustainable investments for more than 25 years, and will continue to do so in the future as well. Real estate is a sector with a large impact, and we have a strong focus on sustainability, both pre-investment and in day-to-day management. We systematically seek to reduce the environmental footprint through action plans in the construction phase, in rehabilitation projects and property management. We monitor and optimize environmental factors such as energy, water and waste. Our ambition is to provide customers with a robust and attractive portfolio both through diversification and sustainability," says Jan Erik Saugestad, CEO of Storebrand Asset Management.
Storebrand Asset Management's real estate expertise has been built stone by stone for decades. The team in Norway and Sweden consists of 43 professionals with very broad and deep real estate expertise.
"We have a very solid and experienced team. Together, we have given our customers a strong and steady return across a portfolio that now counts 98 properties for over a decade, something we aim to continue to do in the future," Nergaard concludes.