Nuveen Real Estate secures €40 million for European value add strategy
Global investment manager Nuveen Real Estate has secured a further €40 million in capital commitments for its pan-European diversified value add strategy, from a Canadian institutional investor. The latest commitment will give the strategy in excess of €500 million of dry powder following initial capital secured last year from Danish pension fund Sampension, Nuveen’s parent company TIAA, and a further Danish institutional investor. Fundraising for the strategy will continue during 2023, and aims to provide a solution for institutional investors...