Sponda to establish new real estate fund (FI)

Sponda Plc will establish the Sponda Real Estate Fund II Ky. The fund has a target size for its real estate investment of about €200 million, and an initial investment portfolio of approximately €70 million will be acquired for the fund.

The fund will invest primarily in logistics, warehouse and industrial properties in medium-sized towns in Finland.

Sponda will manage the fund and the property owned by the fund.

Source: Sponda

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