Funds

Alma Property Partners is a real estate investment company focused on making property investments in the Nordic Region of Sweden, Finland, Denmark and Norway. We manage real estate investment funds on behalf of global institutional investors. We are currently managing two value add/opportunistic funds with total committed equity of €400 million.

We are planning to raise capital for our third Nordic value add/opportunistic fund and a Nordic necessity driven retail fund during 2021-2022.

2
Funds
400
Equity Committed €M
65
Transactions (since inception)
450,000
SQM (since inception)

Alma Property Partners I

1,355 MSEK (135 MEUR) equity committed
Vintage 2016

Alma Property Partners I is a close-ended value-add/opportunistic real estate fund focused on making property investments across all types of property sectors in the Nordic Region. The fund is fully invested and has made investments in Sweden (74% of drawn equity), Finland (24% of drawn equity) and Denmark (11% of drawn equity). The fund seeks investment opportunities that will deliver a gross leveraged IRR of 18-20% and a gross leveraged multiple on invested capital of 2.0x.

Alma Property Partners II

255 MEUR equity committed
Vintage 2018

Alma Property Partners II is a close-ended value-add/opportunistic real estate fund focused on making property investments across all types of property sectors in the Nordic Region. The fund has made investments in Sweden, Finland and Denmark. The fund seeks investment opportunities that will deliver a gross leveraged IRR of 18-20% and a gross leveraged multiple on invested capital of 2.0x.

Fund products under formation

Alma Property Partners III

Under Formation 2021-2022

Alma Property Partners III is a close-ended value-add/opportunistic real estate fund focused on making property investments across all types of property sectors in the Nordic Region. The fund expects to make investments in the Nordic Region of Sweden, Finland, Denmark and Norway. The fund seeks investment opportunities that will deliver a gross leveraged IRR of 18-20% and a gross leveraged multiple on invested capital of 2.0x.

Propulus +

Under Formation 2021-2022

Propulus+ is a close-ended real estate fund focused on making property investments within the necessity driven retail sector (grocery, discount retail, fast food restaurants) in the Nordic Region. The fund expects to make investments in the Nordic Region of Sweden, Finland, Denmark and Norway. The fund seeks investment opportunities that will deliver a gross leveraged IRR of 18-20% and a gross leveraged multiple on invested capital of 2.0x.