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Revetas closes Fund II

Nathan North 19 May 2017

Nathan North

Deputy editor

+48 22 356 25 22

Nathan is responsible for the English section of the magazine. Nathan was born in Manchester in the UK and completed a master’s degree in philosophy at the University of London. As well being responsible for editing the English section of ‘Eurobuild CEE’ magazine, he also contributes news from around Central Europe and articles on the investment and industrial markets and on architecture. In his free time he likes playing piano, drawing and cooking.

CEE REGION Revetas Capital Advisors has announced the first close of its Revetas Capital Fund II (Fund II) for the CEE region with aggregate commitments of EUR 63 mln.

The first close investors include a significant commitment from a cornerstone investor, while all of the investors in Revetas’ first fund have reinvested in Fund II.

Fund II is targeting commitments of EUR 200 mln with a hard cap of EUR 300 mln. Revetas, formerly Bifrost Investment Group, was established in 2003 to make opportunistic and value-add real estate investments in the CEE region. Since then it has sourced, acquired, managed, refinanced and disposed of over EUR 400 mln of real estate in ten transactions comprising over 240,000 sqm.

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