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Real advised NREP Living with the acquisition of rental apartments in Riksten, Botkyrka

Real advised NREP Living with the acquisition of a rental building in Riksten, Botkyrka, from SHH Bostad. The rental building encompasses 52 rental apartments and a total lettable area of approximately 2,600 sqm.

Closing shall take place in connection with the finalisation of the project, which is expected to occur during Q1 2022. The transaction was completed during Q2 2021.

NREP, founded in 2005, is a leading Nordic real estate investment firm focused on defensive value-add investment strategies in selected segments of the Nordic market. NREP has several times been ranked as the most consistently outperforming real estate investment manager worldwide. NREP manages in total 5.5 million square meters in Sweden, Finland, Denmark and Norway. Today NREP has just over 400 employees. Among the investors are some of the world’s largest pension funds, insurance companies and asset managers, who in their turn secure the future for millions of senior citizens and beneficiaries.

The firm’s team consisted primarily of Partners Patrik Lilieblad and Tom Hofset, as well as Associates Johan Asklund, Linnea Thörnvik and Simon Gille-Johnson.

Client: Living, NREP
Year: 2021
Location: Riksten Botkyrka, Greater Stockholm
Value: –