Revelop makes first acquisitions for its newest flagship value-add fund

Stockholm, May 7: Swedish real estate investor Revelop has acquired 11 assets in two separate transactions after securing over SEK 2.4 billion in new capital commitments for its latest flagship value-add fund. One of the transactions is the acquisition of Castellum for SEK 900 million.

Revelop, the Stockholm-based Swedish real estate investor, has secured new capital commitments in excess of SEK 2.4 billion for its latest flagship value-add fund. The capital comes from a combination of existing and new institutional investors, most of which are international.

Revelop started the investment year well, taking advantage of the market shift. In two individual transactions, a total of 11 assets were acquired, covering an area of ​​70,000 square meters, with an asset value of SEK 1 billion. One of the transactions was the acquisition of a portfolio from Castellum, which included assets in both Stockholm and Gothenburg, in locations characterized by strong urban transformation.

“These acquisitions are the result of our proactive customer acquisition based on research, local market knowledge and conviction in our carefully selected investment themes. Revelop’s sector-agnostic investment strategy is to acquire assets with value-add potential in submarkets with strong structural growth,” says Thomas Sipos, Group CEO and Executive Partner at Revelop.

Revelop has a long history of excellent investment performance in urban industrial assets, mixed-use facilities and social infrastructure with the potential for repositioning and development. Revelop seeks to invest in future-proof assets through a variety of ESG initiatives, including significantly reducing carbon footprint, improving energy efficiency and environmental certifications, as well as making a positive social impact.

“In a challenging fundraising environment, I am humbled and grateful for the support from both existing and new investors. It shows the strong investor interest in Swedish value-added real estate and the fact that investors support managers with a sustainable business model and strategy. I am excited about the market opportunities in Sweden where we can now acquire under-managed assets at very attractive initial values. The strong growth prospects of the Swedish economy combined with significant investment in infrastructure, reindustrialization and FDI create interesting times for value-added investment. says Thomas Sipos.

For more information please contact:
Thomas Sipos, Group CEO and Executive Partner at Revelop
tel: +46 70-980 66 06
e-mail: [email protected]

About Revelop:
Revelop brings real estate to life for a sustainable future. Investing where it matters. Catalyzing the sustainable transformation of the built environment. Revelop has an AUM of approx. Burgiss, a data and analytics company, has been positioned as one of the world’s top real estate investment managers over the years in terms of consistent returns.