NREP’s First Semi-open-ended AIF

Elvinger Hoss Prussen and Reed Smith advised NREP on the deal. Travers Smith and Wildgen advised RBSI.

Nordic real estate investor NREP completed the setting up of its €300 Million NREP first semi-open-ended AIF – NREP Income+ Fund SCSp, provided by The Royal Bank of Scotland International (RBSI).

The ‘perpetual’ fund allows for very long-term investments and will leverage NREP’s operating capabilities to focus on underserved segments such as middle-income residentials, modern logistics and care homes.

The Elvinger Hoss Prussen team was lead by partner Xavier Le Sourne (Picture).

The Reed Smith team was led by partner Colin Baker, with support from associates Yuri Kim and Odes-Clara Leguet.

The Widgen team was led by Partner
Michel Bulach and Director Michael Mbayi
and was including namely Charlotte Tarquinio.

Involved fees earner: Xavier Le Sourne – Elvinger Hoss Prussen; Colin Baker – Reed Smith; Yuri Kim – Reed Smith; Odes-Clara Leguet – Reed Smith; Michel Bulach – Wildgen; Michael Mbayi – Wildgen; Charlotte Tarquinio – Wildgen;

Law Firms: Elvinger Hoss Prussen; Reed Smith; Wildgen;

Clients: NREP; RBS;

Sonia Carcano

Author: Sonia Carcano