Swiss Life Asset Managers: Expansion in Northern Europe

Swiss Life Asset Managers hat das Immobiliengeschäft von Ness, Risan & Partners übernommen. Die Gesellschaft ist ein namhafter Anbieter von Immobilienprojekten und -fonds in den nordischen Ländern.

Swiss Life Asset Managers expands in Northern Europe (Image: strelok - depositphotos)

Following the approval of the deal by the Norwegian Financial Supervisory Authority, Swiss Life Asset Managers has completed the acquisition of the real estate business of Ness, Risan & Partners (NRP) with effect from 1 December 2021. The purchase was announced back in July this year.

NRP is considered a leading provider of real estate projects and funds in the Nordic countries. At the end of September 2021, the company's real estate division managed and administered assets amounting to the equivalent of CHF 1.37 billion.

"The acquisition is in line with our strategy to further expand our position as a leading European real estate manager. With one of the leading providers of logistics real estate in the Nordic countries, we are strengthening our geographical presence and expanding our customer base," comments Stefan Mächler, CIO Swiss Life Group, on the acquisition.

The acquired NRP business will operate under the Swiss Life Asset Managers brand in future. According to the information provided, the Oslo location will remain and all 39 employees of the real estate business will be taken over. (ah)

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