Nrep opens office in Oslo to further strengthen local investment approach

Nrep, the leading Pan-Nordic real estate fund manager, has today announced the opening of an office in Oslo. The office will be led by Jens Petter Hagen, who joins Nrep from the private equity firm Advent International.

Nrep has for several years been covering the Norwegian market from its other Nordic offices, but the firm is now establishing a local team in order to be able to act on a growing number of niche opportunities in the Norwegian market.

Jens Petter Hagen has previously spent nine years working in London for the global private equity firm Advent International, the last five years of which he spent focusing on the Nordic market. In addition he brings experience from investment banking in London and New York. Mr. Hagen will build a local team of investment professionals covering Norway with the initial support of Nrep’s teams in Sweden, Denmark and Finland.

”We are very pleased with the opening of our Norwegian office and our continued ability to attract highly competent investment professionals, who share our passion for building value, such as Jens Petter. With the local presence it will be easier for us to extend some of our existing niche strategies into the Norwegian market, which has long been an ambition, and enable us to identify new local investment strategies with potential for superior risk adjusted returns”, comments Mikkel Bülow-Lehnsby, CEO, Nrep.

Rickard S. Dahlberg, Co-CIO, comments: “Nrep believes that it is paramount to have strong local teams in all the markets we invest in, and the establishment of our office in Oslo is a first step in building up a strong local team and presence in the Norwegian market. In Norway we see opportunities in niches that require more than just capital and where Nrep can leverage its operational expertise.”

For additional information please contact:

Gustaf Lilliehook, Partner, Nrep +45 2112 0441