Stockholm: 10/03/2022

Areim has joined Ivanhoé Cambridge, APG and other leading global investors in the most recent close for Taronga Ventures’ RealTech Ventures Fund and will become a strategic Nordic partner.

“Areim is delighted to support the global ecosystem of investors who want to drive societal change through the real estate sector. Through the investment in RealTech Ventures Fund, we want to harness new technologies that have not yet been launched in the Nordics and advance from the experience and knowledge they possess to future proof our investments. We can contribute through our property portfolio, expertise, and broader real estate network in the Nordics.” says Vanessa Cruz Galarza, Investor Relations & New Products at Areim.

Taronga Ventures sources global emerging technology companies and helps them to scale into new market. The Fund invests into these companies and then supports them through direct introductions to key decision makers within its investor base.

“We are delighted to have Areim as an investor and strategic partner for the Nordics. Having worked with Areim for many years we have a deep understanding of the business and focus on sustainability. We are already seeing some incredibly interesting investment opportunities from the Nordics and will also be introducing global technology companies to the Areim portfolio.” said Jonathan Hannam, Co-Founder and Managing Partner at Taronga Ventures.

About Areim

Areim AB is an independent Nordic property owner and fund manager with head office in Stockholm and offices in Copenhagen, Helsinki, Oslo, and London. We own real estate across the Nordic region within the light industrial, residential, office, retail, and data centre segments. Since the start in 2003, we have invested in underdeveloped real estate where we can add lasting value during our ownership. We see potential in challenging ventures as opportunities for growth. Our vision is to invest in new shapes of progress, for society and beyond. Our goal is to create lasting value for all stakeholders by balancing good financial results with sustainable societal development and care for people. And smile while we do it. Read more at www.areim.com

About Taronga Ventures

Taronga Ventures is Asia’s leading technology and innovation investor focused on the real estate sector and the wider built environment. The group consists of the RealTech Ventures Fund, the RealTechX Growth Program and Taronga Advisory. The Fund is backed by global institutional investors and major real estate owners including APG, Ivanhoe Cambridge, CBRE Inc., PGIM Real Estate, Mitsubishi Corporation, Nomura Real Estate, Patrizia AG, Dexus, Vicinity Centres, amongst others.  The Fund invests into scalable technology and innovation that enhances or challenges the traditional real estate and infrastructure sectors. Taronga Ventures is focused on investing in strategic opportunities and providing its institutional partners first mover advantage, whilst maintaining a focus on creating a better built environment, through sustainable and responsible investment practices.