After one of the sharpest corrections in European real estate, the Nordic market is entering a new phase. Yields have largely stabilised and are compressing, while liquidity is improving from very low levels. At the same time, global investors are showing a rapidly increasing interest in the market, highlighting a very attractive entry window into Nordic real estate, as well as the underlying stability and growth potential of the region.
Against this backdrop, Slättö has appointed Laura Barstow as Managing Director, Capital Formation, establishing a permanent presence in London to support an increasingly global investor base. Laura joins Slättö from senior roles at Brookfield and Nuveen and brings more than 18 years of experience in private markets across value add, opportunistic, core/core plus and debt strategies. She has worked closely with a wide range of institutional investors worldwide, including sovereign wealth funds, pension funds, insurers, multi-managers and family offices.
Since inception in 2013, Slättö has built a strong track record of market-leading returns through thematic strategies focused on Nordic residential, logistics and light industrial, underpinned by deep local sourcing. Slättö’s research concludes that focused regional managers have historically outperformed broad multi-country strategies significantly, and Nordic managers outperform the rest of Europe.
“I am delighted to be joining a business that is both truly local and deeply entrepreneurial,” says Laura Barstow, Managing Director, Capital Formation at Slättö. “Slättö’s combination of on-the-ground expertise, thematic strategies and strong execution makes it, in my view, a compelling partner for global investors to access the attractive Nordic market.”
“Slättö is the natural choice for investors seeking alpha returns and a targeted exposure to the Nordics within value add and core plus strategies, and we are increasingly attracting a global investor base” says Jonas Andersson, Deputy Managing Partner at Slättö. “Laura’s experience from leading global managers will be an important addition to the team in our efforts to cooperate even more closely with both current and new clients. I very much look forward to working closely with Laura to keep driving Slättö’s growth and offer investors access to the Nordic real estate market.”
Through its strategies, Slättö manages a diversified real estate portfolio across Sweden, Denmark and Finland. The portfolio includes approximately 9,000 residential apartments with a total lettable area of around 476,000 sqm, as well as a Logistics & Light Industrial (L&LI) portfolio of over 100 assets totaling approximately 384,000 sqm. In addition, Slättö’s funds include a significant project development portfolio, amounting to approximately 133,000 sqm within residential and 403,000 sqm within L&LI, as well as investments within hotel and social infrastructure.
All Nordics
Sweden
Denmark
Finland
Norway