Nrep as most consistently performing real estate fund manager and Nordic manager of the year

March 4, 2015

Pan-Nordic real estate fund manager Nrep has yesterday been awarded ‘Firm of the Year – Nordics’ by PERE and has been ranked by Preqin as the most consistently performing private equity real estate fund manager in Europe.

Since inception in 2005, Nrep has raised 8 funds and executed over 150 property investments in the Nordics, outperforming relevant benchmarks every year and achieving an average +20% IRR with no single year of losses.

PERE comments on the award that ‘not only can the firm raise cash, it knows how to invest it too’. In 2014, Nrep made 21 acquisitions for €850 million and made six divestments.

“We are most honored by these recognitions, which fuel our desire of continually finding better ways of delivering the best risk adjusted returns in the industry to our loyal investors. Across a decade of turbulent markets, our focused value add investment strategy approach and hands on asset management has served us well towards this goal, but I am certain we still have a lot to learn, and I am convinced that Nrep ten years from today will have even more to be proud off ”, comments Nrep CEO Mikkel Bulow-Lehnsby.

For additional information please contact:

Gustaf Lilliehook, Partner, Nrep +45 2112 0441