In 2022, Swiss Life Asset Managers Nordic launched its ninth Nordic core-plus fund. The final investment is now complete, resulting in an impressive portfolio. Given the attractive opportunities in the Nordic market, a tenth fund has been launched and has already made its first investment.
Swiss Life Asset Managers Nordic, headquartered in Oslo, Norway with additional offices in Sweden and Denmark, is part of Swiss Life Asset Managers. The fund management team has built a portfolio primarily focused on logistics, retail, and office assets, strategically diversified across Sweden, Denmark, and Finland. The fund's projected annual dividend yield exceeds 7%.
With the final investment in the ninth fund being a retail asset in Finland, the tenth fund has made its initial investment in a Finnish logistics asset. The tenth core-plus fund had its first closing in December, highlighting the continued trust and loyalty by our investors. This support remains essential as we consistently seek attractive market opportunities.
“We are delighted to announce the successful completion of our ninth Nordic fund. We capitalised on the buyer’s market outside of Norway over the past years and are extremely pleased with the resulting portfolio. Due to a scarcity of attractive investment opportunities in Norway, the fund has not made any investments within the country”, says Knut Ekjord, Head of Real Estate Transactions at Swiss Life Asset Managers Nordic.
Since 2000, Swiss Life Asset Managers Nordic has managed eight core-plus funds, delivering an annual net return to investors exceeding 17%. This exceptional track record has earned numerous awards, including the 2023 Preqin award for Top Performing Real Estate Core & Core Plus Fund Manager in Europe.
"The support from investors is crucial as we consistently pursue compelling market opportunities. Our disciplined investment strategy, which capitalises on market inefficiencies within the Nordic region, has proven highly effective. We are confident in continuing to identify strong opportunities in the market. The fund has a target equity size of NOK 2 billion, with final closing expected by December 2025”, says Ove Christian Norheim, Head of Fund Management at Swiss Life Asset Management Nordic.
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Swiss Life Asset Managers Nordic
Communications
+47 99 40 44 77
axel.wroll-evensen@swisslife-am.com