Name of President or Managing Director for the region
Soren Rodian Olsen, Managing Director in Logicenters Poland at Nrep
Profile of President or Managing Director for the region
Soren Rodian Olsen has over 20 years of senior management and real estate experience in Poland. He heads Nrep’s logistics platform in Poland, Logicenters, and has set up Nrep’s offices in Warsaw in 2021. Soren co-supervised the acquisition transaction of a majority stake in the 7R company.
Description of company and team
Nrep - a real estate investor committed to driving real change in the industry to benefit people and planet. Nrep investing across real estate segments, primarily residential, logistics, care homes and offices. The company manages 8 million square meters of real estate projects across Denmark, Finland, Sweden, Norway, Poland, and Germany, and has more than 400 employees across Europe working towards decarbonizing its real estate portfolio by 2028. Nrep is part of Urban Partners.
Office projects included in the portfolio
N/A
The value of office properties held by investor
0
Retail projects included in the portfolio
N/A
The value of retail properties held by investor
0
Warehouse projects included in the portfolio
Logicenters, a logistics platform owned by Nrep, entered the Polish warehouse market in 2021 with the purchase of BIK SA. Subsequently, in 2023, the investor acquired an 80% stake in the Polish developer 7R. Logicenters' portfolio (incl. development pipline) in Poland encompasses c. 2.5m sqm.
The value of warehouse properties held by investor
300000000
PRS projects included in the portfolio
Nrep's PRS portfolio includes 500+ operational units and 1,000+ under construction in 'Lett' apartments and 'NOLi Studios' co-living. 'Lett' has 2 operational buildings, 1 more in 2024. 'NOLi Studios' debuts in Oct 2023, offering unique co-living in Poland.
The value of PRS properties held by investor
165000000
Why the company should be considered for the award
The acquisition of a majority stake in 7R, is one of the largest real estate M&A transactions in the logistics sector in Europe this year. Second, the investor had a successful PRS debut in the country.
Future plans
Within the groundbreaking NSF series fund, Nrep is poised to expand its footprint, focusing particularly on the Scandinavian, Polish, and German markets. The company is assured of the financial resources required to execute additional transactions in these rapidly growing regions.
