​Storebrand Asset Management launches a sustainable Nordic Real Estate Fund

The Nordic countries have outperformed European GDP growth over the last 20 years, while at the same time had 16% of the property transaction volume. Going forward the outlook for the Nordic market looks promising speaking in continued favor for the Nordic region. The new fund focuses on income producing sustainable assets, weighted towards the home markets of Norway and Sweden.

-We are very happy to be able to provide our clients with this new fund. It applies a diversified multi-country strategy but have a slight tilt towards our home markets Sweden and Norway. Properties in good locations with stable cash-flows are in focus.To secure solid growth we also believe diversification is key, says Truls Nergaard, Head of Nordic Real Estate at Storebrand Asset Management.

Focus on sustainability
Sustainability is an integrated part of the daily business selection and management of the properties. Storebrand Asset Management has an overall strong sustainability performance with GRESB (Real Estate Sustainability Benchmark).

- Storebrand has led the way on sustainable investment for more than 25 years and will continue to do so going forward. Real estate is a high impact sector and we have strong focus on sustainability, both pre-investment and in day to day management. We systematically seek to decrease the environmental footprint through action plans in the construction phase, in re-habilitation projects and real estate management. We monitor and optimize environmental factors such as energy, water and waste. Our ambition is to provide clients with a robust and attractive portfolio both through diversification and sustainability, says Jan Erik Saugestad, CEO Storebrand Asset Management.

Solid TEAM
Storebrand Asset Managements' real estate expertise has been built step by step over decades. The team consists of 43 professionals with combined 617 years of real estate experience.

- We have a very solid and highly experienced team. Together we have provided our clients with strong and consistent returns, across a portfolio of 98 properties for over a decade, something we aim to continue doing going forward, Nergaard concludes.

Past performance is no guarantee of future returns. Future returns depend on i.e. market, fund manager skill, fund risk level and costs. The performance may be negative due to losses and it may vary considerably within periods. Unit holders’ realized gains or losses will therefore depend on the actual timing of subscriptions or redemptions. Key investor information documents for the fund is available at https://www.storebrand.no/en/asset-management/real-estate/invest-in-real-estate