It will offer private markets funds to institutional investors across the risk spectrum – with a focus on the European living sector – while delivering housing in growing cities characterised by high demand and limited new supply. 

Heim has established a closed-end UK focused residential build-to-core fund targeting £800m in investor commitments with a planned first close mid-2024.

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CIO at Heim, Andreas Oulie, commented: “With the launch of Heim, we are introducing a uniquely positioned specialist fund manager building on an experienced team at Heimstaden, renowned for consistently delivering great results to investors.

“We start out with establishing two related fund strategies driven by specific investor demand and market opportunity.

“These funds will provide institutional investors access to UK and Northern Europe residential real estate managed with industrial scale and skills.”