Real advised NREP with the acquisition of youth apartments in Skärholmen, Stockholm, from Wästbygg. The project will comprise of 174 apartments and will be constructed by Wästbygg. The transaction was completed during Q3 2020.
NREP, founded in 2005, is a leading Nordic real estate investment firm focused on defensive value-add investment strategies in select 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. Its investors include some of the world’s largest pension funds, insurance companies and wealth managers, which in turn secure the future of millions of retirees and beneficiaries.
The firm’s team consisted primarily of Partners Daniel Jönsson and Tom Hofset and Associates Johan Asklund and Emma Hellberg.