Evernord Real Estate Fund VI, which offers indirect investment opportunities in residential real estate in the Baltic and Scandinavian countries, is gaining momentum. Evernord has already attracted €4.2 million in investor capital to this fund.
Evernord Real Estate Fund VI is a closed-end fund for informed investors with a target size of €25 million. The fund ensures a stable income stream: it plans to acquire properties that are already 100% leased. We will seek double-digit annual returns for investors.
“We are currently focusing on the real estate management and rental market in Estonia and Finland. The Estonian and Finnish economies are expected to recover this year, and housing prices in these regions are set to rise. So we are already offering attractive investment opportunities in Tallinn and Helsinki,” says Gintaras Rutkauskas, head of Evernord Asset Management.
In Helsinki, the fund plans to acquire a complex of buildings that has already been leased. The complex is attractive due to its convenient location and extremely comfortable living conditions for residents.
Another project is Stellar, a new construction project in the center of Tallinn. After analyzing the apartment rental market in Tallinn, we see that the choice of new construction projects in the center is limited, while demand is growing, so Stellar has excellent prospects in this context.
Evernord has many years of experience in real estate development and management and currently manages real estate funds in Lithuania 🇱🇹, Estonia 🇪🇪, Latvia 🇱🇻, and Spain 🇪🇸. We currently manage more than 100 rental apartments throughout Lithuania. When acquiring projects, we focus on cities that attract large populations and where property values are likely to increase in the future.
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