ARTICLES TAGGED WITH "NREP"

Klövern acquires two office properties in Stockholm

Sweden Sweden — Klövern has acquired two commercial properties in Örnsberg, southwest Stockholm, with potential development rights for approximately 270 residential units. The seller is Vincero Fastigheter. The properties are scheduled for transfer on June 2, 2025, at which point Klövern will assume management responsibilities.

AAK invests in a new production and logistics facility in collaboration with Logicenters

Sweden Sweden — AAK, specialists in plant-based oil and fat ingredients, is investing in a new state-of-the-art logistics facility in Staffanstorp, Sweden. This is taking place within the framework of its foodservice operations, and in collaboration with Logicenters.

The targets for Nrep's new venture with Sehlhall

Sweden Sweden — A major initiative in the healthcare and social care property sector has been launched, where Sehlhall, with Nrep as a co-owner, will develop properties worth SEK 8 billion over the next five years. Carl-Adam von Schéele, Head of Sweden at Nrep, tells Nordic Property News about the investment in Sehlhall, the company’s strategic goals after the investment, and his view on market trends in the healthcare and care property segment.

Nrep invests in Swedish care home developer Sehlhall

Sweden Sweden — Nrep has, through its NSF V fund, entered into a strategic partnership with Swedish care home developer Sehlhall Fastigheter. The new venture has an ambition to become Sweden’s leading later living developer and manager, with a significant identified pipeline.

The targets for Nrep's new housing JV

Sweden Sweden — A new initiative is being put into shape in Stockholm as Nrep and Åke Sundvall partner to create more housing. Carl-Adam von Schéele, Country Manager at Nrep, tells Nordic Property News about the partnership with Åke Sundvall, the intended balance between housing and senior living facilities, future growth plans, and the long-term goals for the joint venture.

Nrep and Åke Sundvall announce JV to deliver hundreds of new homes in Stockholm

Sweden Sweden — Real estate investor Nrep has announced a new long-term partnership with residential developer Åke Sundvall to deliver attractive, sustainable apartments and later living accommodation in some of Stockholm’s most sought-after neighbourhoods. The new JV aims to incrementally build a portfolio of circa 500-800 new homes. Nrep’s investment is being made via their latest fund within the Nordic Strategies Fund series.

Nrep makes residential acquisition in Uppsala

Sweden Sweden — Nrep is expanding its presence in the residential segment by acquiring 231 rental apartments in Årsta, Uppsala. The transaction, valued at SEK 485 million, is being carried out in partnership with Bonava, the project’s developer and seller.

Nrep acquires rental apartments in Sundbyberg

Sweden Sweden — Through the Nordic region’s largest core-plus fund, Nrep Income+, Nrep strengthens its presence in the Stockholm housing market by acquiring 308 new rental apartments in Hallonbergen, Sundbyberg, from a joint venture owned by Reliwe and Derome.

Logicenters signs agreement for new facility in Tuusula

Finland Finland — Logicenters has signed a new lease agreement with DEXIS and will develop a state-of-the-art industrial and logistics facility in Tuusula, Finland. Construction is expected to begin soon, with completion scheduled for late summer 2026.

OAC and Nrep announce major partnership at Gardermoen

Norway Norway — Oslo Airport City (OAC) and Nrep’s logistics platform, Logicenters, have entered into a joint venture and partnership agreement to develop OAC’s logistics park in Gardermoen business park (Ullensaker municipality) The collaboration involves a land bank of approximately 480,000 sqm gross area, with 353,000 sqm designated as developable land. The area was fully zoned earlier this summer.

Nrep moves towards new land allocation in growing Stockholm district

Sweden Sweden — Noise investigations has stopped the development of the property several times. But now Nrep is moving towards its fourth land allocation in Stockholm and will be allowed to take the project further.

Logicenters JV makes acquisition in Germany

Nordic — Logicenters and Evolutiq secure strategic commercial property in the Stuttgart metropolitan region.

Logicenters is expanding in Denmark with a new logistics center

Denmark Denmark — Logicenters is expanding in Brabrand by acquiring a new logistics center with a total area of 13,649 sqm. The international express supplier DHL, which currently leases 6,210 sqm of the facility, is already operating. On the remaining area, Logicenters will build a speculative property available for lease.

How Nrep wants to grow on the Nordic hotel markets

Nordic — Nrep expands in the hotel segment with the acquisition of Clarion Hotel Stockholm from Aspelin Ramm Fastigheter. After the deal, Carl-Adam von Schéele, Head of Sweden at Nrep, tells Nordic Property News about the recovery and future of the hotel market, how Nrep wants to continue growing within the segment, where they look for new investments and how he views the competition in the sector.

Nrep acquires one of Stockholm’s largest hotels

Sweden Sweden — The acquisition has been made via NSF V, Nrep’s EUR 3.65 billion value-add fund. With the acquisition, Nrep strengthened its collaboration with the hotel chain Strawberry which leases the entire property. The seller is Aspelin Ramm.

Nrep acquires 524-unit Stockholm residential portfolio from Magnolia Bostad

Sweden Sweden — Real estate investor Nrep has expanded its residential portfolio with the acquisition of two apartment complexes from Magnolia Bostad. Collectively, the two sites provide 524 homes for rent and are located in the Ångloket neighbourhood in Knivsta and part of phase two of the Brogårdsstaden district in Upplands-Bro, both with sustainable rental levels and a high environmental profile. The acquisition is made through the Nrep Income+ fund. The fund completed a third closing last year with just over SEK 3.1 billion in capital raised.

After the Blackstone divestment – here are Nrep's plans for the Finnish logistics segment

Finland Finland — Nrep announced a major divestment and sold a logistics portfolio in Finland to funds managed by Blackstone for EUR 135 million. Joonas Lemström, Head of Finland at Nrep, tells Nordic Property News about the plans for the logistics segments following the divestment, which locations they consider attractive for new investment and how they see the segment developing going forward.

Nrep sells Finnish urban logistics portfolio to Blackstone

Finland Finland — Nrep divests a Finnish urban logistics portfolio to funds managed by Blackstone for EUR 135 million. The ‘Aktiivihallit Ky’ portfolio comprises 22 warehouse properties with a total leasable area of approximately 133,000 square metres. 80 percent of the properties are located in the Helsinki metropolitan area.

How Skanska continues to work with divestments after major double sale

Nordic — Skanska's Commercial Real Estate Development had a busy 24 hours earlier this week when they closed two major sales for a total of approximately SEK 2 billion. After the sales in Poland and Denmark, Claes Larsson, Executive Vice President and responsible for commercial development at Skanska, tells Nordic Property News more about how the divestments came about and how the company continues to work on the transaction market.

Skanska divests rental residential project to Nrep

Denmark Denmark — Skanska has divested the multi-family rental project Hørkær Have in Herlev, Denmark, for DKK 737 million to Nrep.

Genova sells to new JV with Nrep

Sweden Sweden — Genova partially divests two properties in Norrtälje at an underlying property value of approximately SEK 1.3 billion (EUR 116 million) to a newly formed joint venture in which Genova is a half-owner together with Nrep.

Logicenters continues to grow in Tuusula – acquires 25,000 sqm

Finland Finland — Logicenters has acquired a site area of 25,000 sqm in Tuusula, Finland. The company plans to develop a logistics center of 10,000 sqm with construction starting in the third quarter of 2024. Potential tenants are able to move into the property after the summer of 2025.

CBRE IM sells hotel property in central Oslo to Nrep

Norway Norway — Real estate investor Nrep has acquired Comfort Hotel Karl Johan, a 260-room hotel in the heart of Oslo, from CBRE Investment Management. Featuring a bar in the backyard terrace and fitness room, the hotel is centrally located within a 2-minute walk from Oslo Central Station and is surrounded by many of the city’s best shops and restaurants.

Nrep's conclusion for the office market: "Higher occupier demand in Copenhagen"

Nordic — The market situation, transaction prospects and the difference in the office segment across the Nordics were some of the things Nordic Property News reporter talked to Toke Clausen, Nrep's Head of Office, about during Mipim. He explain, among other things, why they are currently looking away from the Stockholm office market.

Logicenters signs new tenant to Kronoslätts logistics park

Sweden Sweden — A new tenant is now confirmed for Logicenters facility in Kronoslätts logistics park. The sustainable insulation company Ekolution is expanding its operations by taking over 11,500 sqm in an existing property. The move will take place during the second half of 2024.