BPT has received seed capital to roll out the BPT Baltic Opportunity fund targeting the Baltic real estate region, IPE reports. The fund manager has secured capital from Nordic and Swiss investors and is seeking to raise around €100 million this year.
BPT is expecting to raise additional pool of capital at the next closing on March 16. The vehicle is targeting strong cash-flow investments in good locations, with a projected return at the fund level of over 15%.
Click here for the story from IPE.