Name of President or Managing Director for CEE region
Petri Valkama
President or Managing Director for CEE profile
Petri Valkama is head of the NREP’s investments in the Living segment. Since joining NREP, Petri has been responsible for investments within logistics, residential and developments and most recently been responsible in designing and developing NREP’s Serviced Living strategy Noli Studio
Description of the company and team
NREP is a real estate investor that develops, operates, and innovates to improve the built environment, for the benefit of all stakeholders. NREP takes a long-term approach to value creation across its main segments: Living, Logistics, Care, Offices and Urban Venture Technologies. The company has more than 500 employees and manages 5.8 million square meters of real estate. Assets under management is €17,5 bn.
Regions active in
Denmark, Finland, Sweden, Norway, and Poland
Portfolio of all properties currently held by company (in EUR)
Assets under NREP’s management amount to €17,5 bn.
Value of the projects currently held by company (in EUR)
Assets under NREP’s management amount to €17,5 bn.
Properties sold between October 2020 and June 2022
N/A – NREP didn’t yet dispose any projects in Poland. We’re in the phase of scaling up our portfolio (see details below)
Value of the properties sold between October 2020 and June 2022
N/A – NREP didn’t yet dispose any projects in Poland. We’re in the phase of scaling up our portfolio (see details below)
Size of the properties sold between October 2020 and June 2022
N/A – NREP didn’t yet dispose any projects in Poland. We’re in the phase of scaling up our portfolio (see details below)
The largest purchase transactions between October 2020 and June 2022
Our largest PRS transaction is the acquisition of a portfolio of 4 assets from YIT - including 1,100 units across 2 multifamily residential assets and 2 Serviced Living assets in co-living format. This is a forward transaction, assets are currently under construction and the first asset, ~100 residential apartments located in Sluzewiec, Warsaw, will be operational in November 2022.
Several other transactions are in the pipeline (not yet announced) and will increase our presence in Polish PRS
Future pland
In the Polish PRS market NREP aims to build a portfolio of 10,000 units. This portfolio will include both regular residential multifamily buildings as well as Serviced Living assets. Our aspiration is to become the leading serviced living operator in the Polish PRS market, introducing innovative concepts, including co-living format.
Our long-term commitment to the Polish market is reflected in building a strong local presence. Since opening the office in August 2021, we have already built a
