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Alma Property Partners raises over €250 million of equity for Fund II

Alma Property Partners has raised €255 million of equity capital for Alma Property Partners II, the firm’s second pan-Nordic opportunistic real estate fund, exceeding the target of €250 million. Alma’s second real estate fund focuses on commercial and residential property investments in Sweden, Finland, Denmark and Norway. The investors are mainly institutions from Sweden, Germany, Belgium and the United Kingdom. The fund has an investment capacity of more than €600 million. 

“Reaching the target for Fund II is a major milestone for the organization. The new capital has allowed us to continue building the team and open a new office in Copenhagen. We are grateful to all of the investors from Fund I who continue to support us and we welcome the new investors,” says Sloan Wobbeking, Partner & CEO at Alma Property Partners.

Source: Press release on 2 October 2019 (Alma Property Partners)