AMWatch

Real estate manager initiates Nordic offensive

A German real estate investor has established a Nordic subsidiary headquartered in Copenhagen and with an existing portfolio worth EUR 200m, which the manager wants to grow by EUR 1bn within five years. The first investments must be made by the end of the year, reports the the Nordic branch's managing director Peter Back.

Photo: PR

NAS Invest Group, which is based in Frankfurt, has hired former Lintrup & Norgart partner Peter Back to lead its investment offensive in the Nordics. Back started on September 1, after the real estate investor and asset manager opened offices in Copenhagen over the summer.

The 48-year-old managing director tells AMWatch's sister media EjendomsWatch that he was first contacted by NAS Invest Group back in May, but that the corona pandemic meant his appointment could only take effect much later.

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