the fund is to build a balanced and well-diversified core plus portfolio consisting of Finnish real estate across all sectors including commercial, office and logistics.
The fund is targeting total returns of 10% and aims to provide both a stable income return and offer potential for value growth. With a maximum leverage for the fund of 50%, the fund is now ready for new property investments of up to €90 million. The target fund size is €150-200m.
The fund creates an opportunity for institutions and pension trusts of all sizes to obtain broad property exposure and thus, an improved diversification of their total asset portfolios, which tend to comprise primarily equities and bonds.
Pertti Vanhanen, Managing Director, Aberdeen Finland, commented:
“We are extremely pleased to have been able to launch this product so successfully.
The strategy of the fund has been widely accepted among investors and the fund benefits from Aberdeen’s strong presence in regional cities”
For more information, please contact
Pertti Vanhanen, Managing Director Finland
Phone: +358 10 3040 301, Mobile +358 500 669 979
E-mail: pertti.vanhanen@aberdeenpropertyinvestors.com
Ubbe Strihagen, International Director
Phone: +46 8 412 80 39, Mobile +46 70 520 33 80
E-mail: ubbe.strihagen@aberdeenpropertyinvestors.com
Web: www.aberdeenpropertyinvestors.com
Charlotte Barker / Tom Siveyer
Maitland
Tel: +44 207 379 5151