NREP AB
NREP AB is a value-add and development fund in Nordics and Northern Europe investing in residential, logistics, healthcare-tech, office, student-housing and retail.
- Stages
- value-add, development
- Sectors
- residential, logistics, healthcare-tech, office, student-housing, retail
- Invests in
- Nordics, Northern Europe
- Actively investing
- Yes
- Founded
- 2005
- Assets under management
- €20B
Check size not disclosed
Thesis
NREP AB, operating under Urban Partners, is a real estate investment and development firm focused on the Nordic region and Northern Europe. Founded in 2005, its mission is to 'make real estate better' through a vertically integrated approach. NREP specializes in customer-oriented and sustainable real estate, targeting segments like residential rental properties (middle-income housing, co-living), modern logistics facilities, care homes, offices (flexible workspace, ESG-focused refurbishments), and student housing. Their strategy is value-added, seeking to create value through customer-centric and decarbonizing solutions with a holistic, long-term perspective. As of May 2023, Urban Partners had €20 billion in AUM, projected to exceed €22 billion by October 2025. NREP Nordic Strategies Fund V (NSF V) closed in May 2023 with €3.65 billion, and they are currently fundraising for NREP Nordic Strategies Fund VI. They also manage the semi-open-ended fund 'NREP Income+' which raised €900 million.
Common questions
Does NREP AB invest at the value-add stage?
Yes. NREP AB lists value-add and development among the stages it invests in.
Where does NREP AB invest?
NREP AB invests in Nordics and Northern Europe.