GNRE Fund III
GNRE (Genesta Nordic Real Estate) Fund III is an actively managed closed-ended fund investing in commercial real estate in the Nordics. The fund was launched had its first close in 2019 with EUR 334 million in equity from 8 institutional investors. The target is to raise a total of EUR 450 million.
GNRE Core Plus
GNRE (Genesta Nordic Real Estate) Core Plus is an actively managed closed-ended fund investing in commercial real estate in the Nordics. The fund was launched and had its first close in 2018 with EUR 77.5 million in equity from 3 institutional investors. The target is to raise a total of EUR 250 million.
GNRE Fund II
GNRE (Genesta Nordic Real Estate) Fund II is a closed-end fund launched in 2015 EUR 372 million of committed equity from 13 European institutional investors. The fund targeted commercial (office, logistics and retail) real estate assets in the Nordics.
GNRE Fund I
GNBRE (Genesta Nordic Baltic Real Estate) Fund I is a closed-end fund launched in 2007 with EUR 176 million of committed equity capital from 12 European institutional investors. The fund targeted mid-risk commercial (office, retail and logistics) real estate assets in the Nordic and Baltic region.
The 2007-year vintage Nordic diversified fund has significantly outperformed the IPD and the INVREV benchmark; the fund is in the top quartile for vintage 2007 in the INREV benchmark.