Norwegian investment company acquired by Swiss asset manager

NRP - Ness, Risan & Partners - has sold its real estate business to Swiss Life Asset Management. NRP has recently made its first investment in Denmark.

Stefan Mächler, CIO at Swiss Life Group | Photo: PR

Norwegian investment company NRP had real estate investments totaling NOK 11.4bn (EUR 1.1bn) across the Nordics in 2020. These properties are now in Swiss hands, as insurance giant Swiss Life's asset management arm, Swiss Life Asset Management, has acquired NRP's real estate business.

According to a press release, NRP's real estate headquarters will remain in Oslo, and the 39 employees will continue in their roles under the new owner.

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