Revelop, the Stockholm based Sweden focused real estate investor has secured new equity capital commitments exceeding SEK 2.4 billion for its latest flagship value-add fund. The capital comes from a combination of existing and new institutional investors, with the majority being international.

Revelop has had a strong start to the investment year taking advantage of the market dislocation. In two individual transactions, a total of 11 assets comprising 70,000 square meters has been acquired, representing SEK 1 billion in asset value. One of the transactions was a portfolio acquisition from Castellum that constituted assets in both Stockholm and Gothenburg, in strong urban transformational locations.

Revelop has long track-record of outperformance from investing in urban industrial, mixed-use and social infrastructure assets with repositioning and development potential. Revelop is seeking to invest in assets that can be future proofed through various ESG initiatives including significant reduction in carbon footprint, improved energy performance and environmental certifications as well as creating positive social impact.