Aberdeen raises €127 million for its property funds in the Nordics (UK/FI/NO/DK)

Over the past few months, Aberdeen Asset Management has raised capital for several of its pooled funds in the Nordic region to a total value of €127 million. The funds in question are domestic funds in Finland, Norway and Denmark as well as the group's pan-Nordic fund.

Tonny Nielsen, Head of Investment Management in the Nordic region for Aberdeen comments: "We are delighted that several new investors have expressed confidence in the Nordic property markets and in Aberdeen by investing into our domestic and Nordic property funds.

"As the global economy recovers, the Nordic property market continues to improve, with prime property values beginning to rebound amid strengthening demand. Property continues to offer a high income compared with government bonds, as well as an extremely wide range of investment opportunities. Consequently, we are convinced that interest from investors of all risk appetites will continue to increase over the coming months."

Source: Maitland

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