Brunswick Real Estate has held a SEK$6.6 billion ($745 million) final close for its second senior debt fund in the Nordics, Brunswick Real Estate Capital II, the largest Nordic fund focused on real estate senior debt.
Investors are Nordic institutional investors including existing investors Kommunal Landspensjonskasse (KLP) — Norway’s largest life insurer— and Swedish insurance and pension savings company Folksam Group and Swedish PRI Pensionsgaranti, among others.
Brunswick Real Estate Capital, the credit arm of Brunswick Real Estate, is a Nordic capital provider focusing solely on Nordic real estate debt. The firm broke new ground in 2013 when it launched the first fund focused solely on Nordic real estate debt. Brunswick Real Estate Capital II is an unlevered closed-ended real estate debt fund offering senior secured lending in Sweden.
The first fund in the series, Brunswick Real Estate Capital I, was the first senior debt fund to target real estate in
