The investors in NREP Nordic Strategies Fund II (NSF2) include a broad range of Nordic, European and US blue chip institutions. With continued support from almost all investors of the predecessor fund, NSF2 quickly faced significant oversubscription from new investors.

NSF2 will be replicating proven investment strategies of prior funds in the modern logistics, necessity-driven retail and residential sectors in Denmark, Sweden, Finland and Norway, but will also engage in new strategies such as student housing. The fund is already 35 percent committed and is expected to be more than 50 percent committed by the end of 2016.

“We are honored and grateful for the strong support from both new and existing investors. We will do our utmost to continue to deserve their trust by delivering stable returns across cycles based on a combination of strong non-cyclical income and value uplift from hands-on asset management. We continue to see attractive opportunities in the sub-segments that we target and are increasingly benefitting from our operating platforms in both our sourcing and value add activities”, says Gustaf Lilliehöök, Partner at NREP.

The establishment of NREP Nordic Strategies Fund II fund was advised by Lazard LLC and Goodwin Procter LLP.