Norwegian investor Storm Real Estate is hoping to raise up to NOK 506 mln (EUR 65 mln) in a capital increase to be launched on Oslo's stock exchange next month. The fund, which is managed by Storm Capital Management, said in a statement that it has applied for the listing of 23 million new shares in a move which will allow it to raise fresh equity for investment in Russian commercial property.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
