Stockholm-based opportunistic real estate manager, Sveafastigheter, has raised €317 million in equity for its latest Nordic opportunist fund, IPE reports. The fund manager has held the third and final closes of the Sveafastigheter Fund III.

Sveafastigheter had set a target of about €300-400 million for the fund and made a second closing in October 2010. In the final closing, participants mainly comprised of global institutional investors, with commitments divided equally between Nordic, other European and non-European investors. Click here for the story from IPE.