Genesta’s Nordic Baltic Real Estate fund outperformed the IPD Nordic Property Index in 2012 by more than 50 per cent or 350 basis points.

 
Over a five year period, the fund return exceeded the IPD Nordic Property Index by an average of more 33 per cent per annum or 160 basis points annually.
 
The fund’s diversified investment policy (including retail and office assets in Stockholm, Helsinki and Oslo) as well as strong asset management across the portfolio has driven the fund’s strong performance.
 
Genesta’s fund is a 2007 vintage value-add fund. The fund’s 2012 total return included income returns in excess of six per cent.