NCC is divesting the Önskebrunnen logistics project in Brunna for an agreed property value of approximately MSEK 150 (EUR 15M). The buyer is NREP Logicenters.
Zalando successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in Brunna, situated in the county of Stockholm. To meet the demand of the Nordic customers, and to further penetrate the market, investing in convenience is crucial. The first parcels are set to leave the fulfillment center later this year.
NREP and a group of local and international investors have formed a long-term Nordic logistics real estate fund with an initial property portfolio of more than 1 million sqm, the largest modern logistics platform in the Nordic region .
NREP has recruited Matthias Kettelhoit, former CEO of the Nordic logistics operator Aditro Logistics, as commercial head of its logistics real estate operating platform Logicenters.
Pan-Nordic real estate investment manager NREP has held a final closing of NREP Nordic Strategies Fund II with an investment capacity of EUR1.7 billion to be invested primarily in modern logistics, necessity driven retail and residential.
NREP has acquired a 5,900 square meters modern multi-tenant office building in Aviapolis close to the Helsinki airport.
Heimstaden AB has, through its Danish subsidiary Heimstaden Danmark A / S, have entered into an agreement to acquire a portfolio of 105 residential units in the area of Frederiksberg in Copenhagen.
NREP continues its expansion with hiring another partner for its Stockholm office. Stefan Wallander of MTG joins NREP.
NREP Nordic Strategies Fund II acquires three modern logistics centers on the Helsinki-Tampere highway from Ahlström Kiinteistöt Oy.
NREP Nordic Strategies Fund II has signed agreements to acquire more than 600 apartments in Helsinki and main growth centers in Finland.
Steen Jønsson joins NREP as Director of Development and thus takes on an overall responsibility for the company’s activities related to real estate development in Denmark.
CBRE Global Investment Partners, in joint venture with Portus Retail has acquired BIG Shopping Centre, in Herlev, Copenhagen, Denmark, from NREP on behalf of the European Co-Investment Fund (ECF).
NREP’s Nordic Strategies Fund I has divested a hypermarket retail property in the center of Salo, Finland, to a fund managed by eQ Asset Management. This marks the first exit for Nordic Strategies Fund I, which started investing in 2014.
British America Tobacco closed down their production in Denmark in 2011 and have wanted to sell their production plant in Vallensbaek since. The property – encompassing 12,000 sqm – is now sold to a fund under NREP Logicenters.
NREP and Arkitektgruppen from Odense, Denmark, have entered into a joint venture agreement to initially develop two residential projects in Copenhagen. The projects are located at Teglholmen and Amager Beach North, respectively, and have a total value of approximately DKK 1.4 billion (€188 M).
NREP Nordic Strategies Fund I has acquired a retail development of 2,600 sqm in the Niipperi area of Espoo, Finland.
NREP Nordic Strategies Fund I has acquired a large plot of land at Enghave Brygge in the South Harbor of Copenhagen from the Swedish developer JM. The purchase price is MDKK 230 (€31M).
Nordic Real Estate Partners (NREP) has purchased six logistics properties totaling 223,500 sqm. In addition to this, 53,60 sqm are under development and due for completion on a pre-let basis during Q1 2016. All the assets are located in key logistics hubs in Sweden, Denmark and Finland.
NREP has announced the opening of an office in Oslo. The office will be led by Jens Petter Hagen, who joins NREP from the private equity firm Advent International.
NREP Nordic Strategies Fund together with TAM Group acquires Brunna Park, a retail development project in Upplands-Bro, Stockholm. The seller is HSB Bostad.
NREP - Nordic Real Estate Partners – has sold a 30.000 sqm retail property in Finland to the Finnish real estate fund EQ Liikekiinteistöt.
NREP (Nordic Real Estate Partners) has sold the largest portfolio of modern prime logistics properties in the Nordics to a consortium of four Danish pension funds.
NREP Nordic Strategies Fund, a fund managed by Nordic Real Estate Partners (NREP), has acquired a modern office building in Pitäjänmäki, Helsinki.