Heather Mulahasani joins NREP as Partner to explore adjacent infrastructure investment opportunities

February 21, 2022

Heather’s expertise across real estate and infrastructure investing to qualify NREP’s ambition to solve urban problems at area and zip code level 

Leading Nordic real estate investor NREP announces the appointment of Heather Mulahasani to the business as Partner. Heather will play a pivotal role as NREP further explores challenges across the urban ecosystem.

Heather has held various senior roles at Goldman Sachs over a twenty-year period, most recently as one of two Partners leading its European Infrastructure team responsible for investing a $2.5bn infrastructure equity fund. Prior to this, Heather acted as Managing Director and then Partner within Goldman Sachs’ real estate team, driving its growth into evolving geographies including the Nordics, Germany, UK, France, Spain.

Heather Mulahasani, Partner of NREP said: “I am ecstatic to have found an organisation with such deep and shared purpose. I join NREP with tons of excitement around the company’s ability to make a positive difference and create value in every investment. NREP’s curiosity on infrastructure aligns well with my own path, having a strong foundation in real estate and broadening out towards other components of the urban landscape.”

“Cities are responsible for over 70% of global greenhouse gases; to make significant reductions, there needs to be a holistic approach to transforming the planning, delivery and operation of buildings, alongside the infrastructure and systems that support them.

Claus Mathisen, CEO of NREP, said: “There is a growing awareness amongst urban decision makers that a green transition at the speed and scale needed, requires a total system change within a decade. To do this, it will be essential to combine capabilities across the worlds of real estate and infrastructure, and to approach value creation from a systemic, long-term perspective.”

“We are regularly exposed to investable infrastructure challenges through our projects in cities across Northern Europe. These challenges are often caused by the same macro drivers that we look to address in real estate, for example urbanisation and climate change. With Heather’s cross-sector expertise, she is ideally placed to help us explore this further.”

Heather’s appointment as Partner increases the NREP partnership to 17 and follows the recent Partner promotion of two longstanding NREP members, Didde Maria Kristensen and Alfred Eklöf. The appointments mark a pivotal period of expansion for the business, which has added 200+ new members to its 500-strong team across eight countries over the past year. Heather will be based in NREP’s growing London office.

NREP is the largest real estate investment manager in the Nordics with approximately €14 bn of assets under management. It has long pioneered sustainability in real estate, which plays a central role in its value creation strategy and has committed to being carbon neutral by 2028 without offsets. Spearheading initiatives to date include the use of CO2 neutral geothermal heating, projects such as the world’s first 100% upcycled concrete building and ‘UN17 Village’, the first large-scale project to align with all of the UN’s 17 Sustainable Development Goals.


Published: February, 21 2022