Elvinger Hoss Prussen assisted NREP to set up its 5th Nordic Strategies Fund which as of May 2023 raised over $3.6 billion in total commitments

NREP closed NREP Nordic Strategies Fund V Limited Partnership ("the Fund") which raised over $3.6 billion in total commitments from a wide range of global investors including pension funds, insurance companies, and sovereign wealth funds making it the largest European value-added real estate fund to date. The Fund invests on residential rental properties, modern logistics facilities, care homes and offices located in Northern European markets where it can create value by rebuilding an ESG environment based on decarbonising solutions while developing neighbourhoods on a large scale. NREP is committed to driving real change in the industry to benefit people and planet.

Elvinger Hoss Prussen advised Nordic Real Estate Partners (“NREP”) on the setup of the Fund to serve as main fund and co-investment structures distributed globally. Our advice included structuring, establishment, closing matters and financing.

The Elvinger Hoss Prussen team was led by partners, Xavier Le Sourne and Charlotte Chen (investment funds) and Cintia Martins Costa (financing) with the assistance of Aline Sun and Clémentine Grasset (associates).