Real has advised Nrep in connection with a joint venture between Nrep and the family business Åke Sundvall. Through the collaboration, the parties will develop attractive and sustainable housing and elderly homes in some of Stockholm’s most sought-after areas. The first project that the parties are jointly launching is a retirement home in Råcksta, which is planned to start construction in 2026.
Åke Sundvall’s local presence and development experience, combined with Nrep’s execution power, provide the parties with opportunities to expand the collaboration to meet the ever-growing need for sustainable housing solutions in the Stockholm region. High sustainability requirements are set for all projects within the framework of the collaboration to meet the partners’ high climate goals and shared ambitions.
Nrep, founded in 2005, is a leading Nordic real estate investor and part of the investment platform Urban Partners. With a holistic and long-term approach, Nrep invests in selected real estate segments in the Nordic region and Northern Europe, with an emphasis on residential, logistics, community service properties and offices. Nrep has been ranked as the world’s most consistently performing real estate investor several times. Nrep manages a total of 8 million square meters in Sweden, Finland, Denmark, Norway, Poland and Germany with more than 400 employees across Europe. Among the investors are some of the world’s largest pension funds, insurance companies and asset managers, which in turn secure the future of millions of pensioners and beneficiaries.
