AXA Investment Managers Deutschland’s Immosolutions fund has made its first investment in the Nordics with the acquisition of a retail property in Sweden for EUR 40 mln. The fund has bought four fully-let units in the Bilen retail park in the southern city of Kalmar.
AXA Investment Managers Deutschland’s Immosolutions fund has made its first investment in the Nordics with the acquisition of a retail property in Sweden for EUR 40 mln. The fund has bought four fully-let units in the Bilen retail park in the southern city of Kalmar.
‘With this investment we have further diversified the fund’s portfolio in line with AXA Immosolutions strategy’, said fund manager Daniel Fahrer. Currently, Immosolutions has 13 properties across four European countries. The newly-developed assets offer 27,000 m2 of space.
