AXA Real Estate Investment Managers (AXA REIM) said on Tuesday that it had bought two retail portfolios in Finland for a total EUR 200 mln. The Sveafastigheter and HGR portfolio, acquired on behalf of AXA REIM's European Retail Income Venture II fund (ERIV II), consists of 128 properties. The second - The Royal Bank of Scotland-Nordisk Renting portfolio - consists of 18 properties and was bought on behalf of the European Retail Income Venture fund (ERIV).
AXA Real Estate Investment Managers (AXA REIM) said on Tuesday that it had bought two retail portfolios in Finland for a total EUR 200 mln. The Sveafastigheter and HGR portfolio, acquired on behalf of AXA REIM's European Retail Income Venture II fund (ERIV II), consists of 128 properties. The second - The Royal Bank of Scotland-Nordisk Renting portfolio - consists of 18 properties and was bought on behalf of the European Retail Income Venture fund (ERIV).
AXA REIM Scandinavia has built up assets worth a total EUR 950 mln in Denmark, Norway, Finland and Sweden since being set up less than a year ago.
