Real advised Living with the acquisition of a development project from Skanska. The project will comprise of 220 residential apartments with a total living are of approximately 13,090 and about 525 sqm premises for commercial purposes. The transaction was completed during Q1 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 2,5 million square meters in Sweden, Finland, Denmark and Norway. Today NREP has just over 300 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 and Associates Johan Asklund, Emma Hellberg and Simon Gille-Johnson.