Real advised NREP with the acquisition of a project property in Tumba, Stockholm, from KopparCronan. There is an ongoing zoning plan process on the property and the vision is to construct more than 200 apartments on the property. The transaction was completed during Q2 2020.
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 Partner Daniel Jönsson and Associates Johan Asklund, Linnea Thörnvik and Emma Hellberg.