Make real estate better

90% of our lives are spent in buildings
1/3 of humanity’s resource consumption is caused by real estate

Yet, for decades, real estate has seen a profound lack of customer-focus, innovation and productivity improvements.

We must do better

At home in the Nordics, NREP is a vertically integrated real estate product innovator, developer, investor and operator that seeks to make real estate better. We take a multi-stakeholder approach and leverage our multidisciplinary team to develop real estate and real estate anchored businesses that create long-term value for tenants, investors and the wider communities in which we invest.

NREP at a glance

User centric real estate products

Focus on select under-served segments

Pioneering sustainability solutions

Multidisciplinary team of +110 specialists

+220 real estate investments

€ 4bn assets under management

Creating real value for all stakeholders gradually builds trust and opportunity


We combine a long term holistic approach with customer focus and our multidisciplinary expertise both to provide better real estate offerings to people of all ages and to create healthy sustainable communities

NREP businesses and products


Logicenters is the leading logistics real estate service provider and single largest owner of modern logistics properties in the Nordics

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Pelican Self Storage

Pelican Self Storage is a leading Nordic self storage company offering a high quality affordable self storage service in the capital city regions where strong urbanisation, high housing costs and ever smaller dwellings have created an increasing need for storage solutions

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NREP Residential

NREP is a leading developer of multifamily residential solutions. NREP is currently involved in 16% of all residential developments in the Copenhagen region and is a leading developer in Helsinki

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Lendager Group is a pioneering consultancy within sustainability, circular economy and resource efficiency. Lendager enhances sustainability in the built environment by ensuring that materials are circulated and kept at their highest possible value at all times benefiting both the individual project, people and planet

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UMEUS is a Nordic student housing company leading the development and offering of modern student co-living at affordable prices in the Nordic capitals and university cities

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NREP Retail

With 44 retail property acquisitions through time, NREP is a leading developer and operator of local community shopping centres serving the everyday needs of communities in the suburbs of major growing Nordic cities

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Serviced Living

NREP's Serviced Living platform focuses on the growing need for small homes with short-term leases sought after by young urban professionals wishing to live hassle free in central yet affordable accommodation with amicable people

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Plushusene offers an ideal housing solution for the growing segment of active seniors interested in co-living communities with mixed age groups

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We seek to work together with key stakeholders in a collaborative effort to address the complex challenges that urbanisation imposes on cities


North Harbour

Strategic city development JV with the city of Copenhagen for development of all retail in North Harbor, Copenhagen. North Harbour is the largest new city development in Copenhagen for the coming decades

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Helsinki airport

Strategic partnership with Finavia to develop Helsinki Airport and the airport city Aviapolis

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Pelican Self Storage – built in recycled concrete

In 2017, NREP developed the world’s first on-site fully recycled concrete building

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A new city centre in Gothenburg being built in a JV with Serneke and in close collaboration with the municipality

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Upcycled studios

In a JV with Lendager Group, the residential project "Upcycle Studios" was developed around the concept of sharing resources, which has the benefit of providing economic gain for both owner and consumer

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Resource Rows

The Resource Rows will become Denmark’s first residential area built out of materials from abandoned homes. This was done in a JV between NREP and Lendager Group

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The real estate industry invests less in new technology than any other major industry. During the coming decades, technological innovation in multiple areas will inevitably disrupt also this industry for the benefit of both people and planet. We aim to be at the forefront of this change

News and perspectives

January 31st, 2018

NREP exits two retail portfolios in Denmark

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November 15th, 2017

NREP and SHH sells rental apartment project to Trenum AB

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November 2nd, 2017

NREP Logicenters starts the development of a 44,000 sqm distribution centre in Vestby, Oslo. Prime Cargo is signed up as the first tenant

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October 18th, 2017

NREP divests a prime office property in Helsinki

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October 31st, 2017

Waste down, profits up – PERE Magazine interview with Mikkel Bülow-Lehnsby

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May 12th, 2017

Stor nordisk aktør planter flagget i “logistikkstripen”

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February 11th, 2016

Keynote Interview with Rickard Dahlberg

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December 9th, 2015

INREV IQ Magazine interview with Mikkel Bülow-Lehnsby

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0% Of our profit goes to charity

The N-Power Fund

In 2013 NREP launched the N-Power Fund, a program designed to help people in need around the world. The N-Power program receives funding through a 10% allocation of NREP’s profits. NREP staff present proposals of charities to be supported by the N-Power Fund and if a proposal is approved the fund contributes financially and team members can take time from work to engage in the project.

Among other initiatives, the N-Power Fund is a founding partner of the Human Practice Foundation and takes an active engagement in that charity’s board and project work. Examples of other Projects that have been supported by the fund include “MYC4” (micro loans to entrepreneurs in Africa), “BRIS” (Children’s Rights in Society), “Maternity Foundation”, UN Live and most recently the Nema Problema Foundation.

Social responsibility

In 2014, the N-Power Fund was a co-founder of the innovative charity Human Practice Foundation, which is currently one of the main focus areas of the fund. The Human Practice Foundation primarily supports projects aimed at elevating the living standards in indigenous countries in the developing world with a business and investment approach and with local anchoring. The targeted areas of emphasis are education and agriculture.

The activities of the Human Practice Foundation are in line with NREP’s ambition to support projects that build long-term economic empowerment. In addition to being the single largest financial donor, NREP supports the foundation with staff time.

Please read more by visiting Human Practice Foundation's website