Mr Cöster brings a wealth of experience to Brunswick after a distinguished career in real estate finance. He joins from the Nordic bank SEB, where he led the Nordic real estate finance team since 1997 after having served more than 40 years at the bank.
He will work in an advisory capacity to strengthen Brunswick’s offering of senior debt financing as an alternative to bank lending. Leimdörfer Real Estate Capital meets the demand from investors for low risk investment alternatives as well as from borrowers seeking a greater choice of funding providers.
Göran Cöster, Board Member at LREC Advisory, said:
“Joining the board was a natural fit for me and I’m looking forward to work together with the team at Brunswick.”
Louise Richnau, Chief Executive Officer at LREC Advisory, said:
“We warmly welcome Göran to the board of LREC. His exceptional track record within real estate finance and his outstanding qualities and network is undoubtedly a strong addition to the team.”
Brunswick Real Estate broke new ground in the Nordics when it launched the first senior debt fund in the Nordic’s, Leimdörfer Real Estate Capital I (FCP-SIF), which attracted some of the largest institutional investors in the region.
The fund offers senior loans with terms of up to eight years. Earlier this summer, the fund provided a loan enabling Pareto Securities, to acquire and extend the main logistics facility of XXL.
Brunswick Real Estate brings together the established Nordic investment bank Leimdörfer, investment manager Sveafastigheter and debt provider LREC. The group also features a joint principal investment division to help clients unlock transactions.
Göran Cöster Joins Board of Brunswick Real Estate´s Debt Financing Arm
Sweden —
Brunswick Real Estate, a market leading adviser, lender and investor in the Nordics, has appointed Göran Cöster to the board of its debt financing arm Leimdörfer Real Estate Capital.
2015-09-25
Eddie Ekberg
[email protected]