AMWatch

New NREP fund invests in four shopping centers in Stockholm

The fund is taking over local city centers through NREP's newest value-add fund, which aims to raise more than EUR 1.2 billion in capital.

"The deal is important for our ambition to develop mixed urban areas, which offer residents everything from healthcare centers, schools, retail opportunities and attractive housing in lively, accessible and safe city environments," says Marianne Hoffman, asset manager at NREP. | Photo: PR / NREP

Pan-Nordic property investor NREP has bought four shopping centers near Stockholm for an undisclosed amount, the company has revealed to AMWatch's sister site EjendomsWatch. The four properties total 38,000 square meters.

The centers are Näsbypark Centrum, Viksjö Centrum, Ekerö Centrum and Rondellen, which is north of Stockholm, and NREP has purchased them from a capital fund under London-based Tristan Capital Partners.

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