NREP hires the former Mayor of Copenhagen

Denmark Denmark — The former Mayor of Copenhagen, Jens Kramer Mikkelsen, has joined NREP to provide vision and strategic leadership for the company’s urban developments across the Nordic region.

SEB’s Head of Capital Introduction Joins NREP

Nordic — SEB’s Head of Capital Introduction joins NREP, bringing over 20 years of experience across the spectrum of alternative investments, to further strengthen NREP’s partnerships with strategic investors in the Nordics and globally.

NREP to Invest EUR 900M in the Nordics

Nordic — NREP has established a EUR 900M fund to invest in underserved real estate segments in the Nordics, such as student housing, flexible living for young professionals, low- and middle-income rental apartments, active senior co-living, care homes, community retail centers and modern logistics.

NREP Logicenters Acquires in Borås

Sweden Sweden — NREP Logicenters acquires a new built 8,500 sqm property in Viared near Borås.

NREP Exits Two Retail Portfolios

Denmark Denmark — Following the sale of the largest portfolio of necessity-driven retail centers in Sweden in June 2017, NREP has now exited two additional retail portfolios in Denmark.

Tobias Alsborger Leaves NREP

Nordic — Tobias Alsborger has been with NREP since the early days, and has played an important role in building the Swedish team. He leaves for personal reasons.

NREP Divests Office Property in Helsinki

Finland Finland — NREP has sold a prime office property located in the district of Sörnäinen in Helsinki to M&G Real Estate.

NREP Divests in Täby

Sweden Sweden — NREP has sold the community center Näsbypark Centrum in Täby, Stockholm.

NREP Sells for EUR 168M

Nordic — NREP secures the largest portfolio exit of necessity driven retail assets in Sweden in 2017 by selling a portfolio consisting of 11 assets and a total area of 63,500 square meters to Storebrand/SPP.

NCC Sells Logistics Project to NREP

Sweden Sweden — 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 Establishes Fulfillment Center in Stockholm

Sweden Sweden — 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 Forms EUR 1.1 Billion Nordic Logistics Platform

Nordic — 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 .

New Head of NREP Logicenters

Sweden Sweden — 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.

NREP Announces Final Closing of New Nordic Fund with EUR 1.7 billion Investment Capacity

Nordic — 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 Buys Property in Helsinki

Finland Finland — NREP has acquired a 5,900 square meters modern multi-tenant office building in Aviapolis close to the Helsinki airport.

Heimstaden Acquires 105 Residential Units in Copenhagen

Denmark Denmark — 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.

Stefan Wallander Joins NREP as Partner in Sweden

Sweden Sweden — NREP continues its expansion with hiring another partner for its Stockholm office. Stefan Wallander of MTG joins NREP.

NREP Acquires Three Modern Logistics Centers

Finland Finland — NREP Nordic Strategies Fund II acquires three modern logistics centers on the Helsinki-Tampere highway from Ahlström Kiinteistöt Oy.

NREP Acquires More Than 600 Apartments in Finland

Finland Finland — NREP Nordic Strategies Fund II has signed agreements to acquire more than 600 apartments in Helsinki and main growth centers in Finland.

Steen Jønsson to Join NREP

Denmark Denmark — 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 Acquires Shopping Centre in Denmark

Denmark 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 Exits Retail Property in Salo

Finland Finland — 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.

Sells Four Years Post Shutdown

Denmark Denmark — 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 Enter Joint Venture

Denmark Denmark — 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 Acquires a Retail Development in Espoo

Finland Finland — NREP Nordic Strategies Fund I has acquired a retail development of 2,600 sqm in the Niipperi area of Espoo, Finland.