Real Estate

PAI manages three closed-end commercial real estate funds in the Nordics. 

Each fund employs a niche investment strategy aligned with the respective funds' investor group to deliver attractive risk-adjusted returns.

Below is a brief introduction to the commercial real estate funds managed by PAI. For further information please see the quarterly reports available or contact one of the investment managers.

Pareto Eiendomsfelleskap IS/AS

- Established 2009
- Closed-Ended
- Core Logistics Norway
- Open for Commitments
- Unleveraged
- Institutional Investors

Quarterly reports

The closed-end property fund "Pareto Eiendomsfellesskap IS/AS" was established in 2009 to offer institutional investors an unlevered exposure to logistics properties in Norway. The fund strategy is directed towards modern and centrally located logistics properties with long leases and solid tenants. In 2017 the fund extended its lifespan and reopened for new capital commitments targeting a logistics portfolio of NOK 5.0 bn. by 2021. 

The fund has raised NOK 1.2 bn. from new and existing investors since 2017 and deployed the majority of capital to new investments. The current property portfolio represents Norway's largest logistics fund with 23 logistics properties located primarily in the greater Oslo area.

Contact us for more information about the fund.

Pareto Eiendomsfellesskap II IS/AS

- Established 2015
- Closed-Ended
- Core+ CRE Norway
- Office, Retail, Logistics and Public Buildings
- Open for Commitments
- Unleveraged
- Institutional Investors

Quarterly reports

The closed-end property fund «Pareto Eiendomsfellesskap II IS/AS» was established in 2015 to offer institutional investors an unlevered diversified exposure to commercial real estate in Norway. PEF II’s focus is directed towards modern properties with long leases, solid tenants and property characteristics contributing to maintaining residual values. The fund’s investment strategy is to offer a balanced and diversified exposure towards commercial real estate in the greater Oslo area and this is achieved through a portfolio combining office, retail, logistics and public properties.

Pareto Eiendomsinvest Nordic AS

- Established 2006
- Closed-Ended
- Core+
- Office, Retail, Logistics
- Exit Phase
- Leveraged
- Retail Investors

Quarterly reports

The closed-end property fund "Pareto Eiendomsinvest Nordic AS" was established in 2006 primarily to offer private investors a broad exposure to commercial real estate in the Nordics.

The fund is currently exercising its realization strategy in accordance with the fund's mandate.