Aberdeen Property Investors is taking over the technical management of the Swedish real estate portfolio owned by Nordea Liv, the life assurance arm of Northern European financial services group Nordea. Aberdeen has been managing Nordea Liv’s real estate portfolio for some time, but the assignment is now extending to encompass the whole value chain in real estate-related services, from investment strategy to servicing properties.
Joakim Nordblad, Aberdeen Property Investors’ Asset Manager, commented: “We’re looking forward to working on an overall basis on Nordea Liv’s real estate portfolio—our collaboration has worked very smoothly up to now, and we hope to be able to contribute to the portfolio’s further enhancement as we also take on responsibility for technical management.”
Nordea Liv’s real estate portfolio includes properties in Malmö, Stockholm and Uppsala with total lettable floor-space of 44,000 sq m. The assignment means the portfolio extending in terms of type and geographical diversification through a well-supported strategy. Aberdeen’s services are now expanding to encompass the technical management of the properties themselves.
Niklas Lundin, Nordea Liv’s Chief Investment Officer, concluded: “We’re very satisfied with the collaboration we’ve had with Aberdeen so far, and we look forward to extending it.”
For more information, please contact:
Joakim Nordblad
Asset Management, Aberdeen Property Investors
Tel. +46 (0)8 412 8041, mobile +46 (0)70 668 8041
Niklas Lundin
Chief Investment Officer, Nordea Liv
Tel: +46 (0)8 787 6700