The company has a successful history since its inception in 2004, and today, with a new name and its largest fund to date, it is taking the next step in its growth journey, focusing on impact investments in and futureproofing of commercial real estate in Sweden's three metropolitan areas.
"With our new name, we want to clarify our investment philosophy and the strategy to invest in real estate that we can reposition in a sustainable way. Thereby we can make a positive impact and contribute to a new, more sustainable society. By focusing on in-fill investment and extending the life of the existing building structures, we contribute to a reduced environmental footprint through better use of resources and avoid the major negative effects that demolition and new construction have. During our ownership, each asset embarks on a sustainable journey from “brown to green,” said Thomas Sipos, CEO of Revelop.
The new name Revelop will better reflect the company's corporate identity, business concept and strategies.
"During our ownership, each property undergoes a sustainable journey - from brown to green. Revelop alludes to the motto of extending the life of buildings, creating attractive places and focusing on efficient use of resources by adopting a circular approach. We think differently and invest in the existing urban environment next to existing infrastructure where we see opportunities for positive change through refinement and densification," said Anders Sylvén, CFO and Vice President at Revelop.
Interest in Revelop V fund was great both in Sweden and internationally, and with a capital of SEK 2.1 billion, the fund is the company's largest to date and the largest Swedish value-add real estate fund in seven years. With a global reduction in investments in real estate funds by 26 percent in 2020, the successful capital raising shows investors' belief in Revelop's ability to create attractive risk adjusted return and a sustainable society.