Nuveen Real Estate has launched its first diversified pan-European Value-Add strategy after raising around 175 million euros in initial commitments, the investment manager has reported.
Specifically, a Danish institutional investor and Nuveen’s parent company, Tiaa, have committed almost 50 million euros each, whilst the Danish pension fund Sampension has committed a further 75 million euros, bringing the strategy to more than half its objective of raising 300 million euros in capital.
Read the full article in Spanish.