Tollemark has more than 30 years of experience in real estate and retail and comes most recently from Unibail-Rodamco-Westfield, where he has been CEO of the Nordic operations for the past 10 years.

“Physical retail faces both challenges and opportunities. Based on my international expertise in retail and how it can be used locally, I look forward to contributing with strategies for growth and value-creating management as well as investment advice, ” says Lars-Åke Tollemark, Senior Advisor, Newsec.

Newsec manages 6.2 million square meters of retail properties in more than a hundred different shopping centers throughout the Nordic and Baltic countries.

“As we stated in Newsec Property Outlook recently, the market offers interesting opportunities in the trading segment now and we are very pleased to be able to further strengthen Newsec's retail offering with Lars-Åke Tollemark's solid expertise. Lars-Åke has long and deep experience of retail, consumers and place making, which makes him an asset for both Newsec's advisory and management customers,” says Patrik Attemark, CEO, Newsec.