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Nordic Investment & Capital Partners

 

 COPENHAGEN – OSLO – STOCKHOLM – HELSINKI– LONDON

 
 

Welcome

NCAP is a specialist Nordic real estate investment and asset management company with offices in Copenhagen, Stockholm, Malmö and London. We are a highly experienced and motivated team able to exploit the potential of real estate for our Investors and Partners. We provide local operating partner services for Investors, have expertise across sectors, a depth of market contacts and understanding of market dynamics and trends.

In 2018 NCAP completed €500,000,000 of acquisitions with their Partners and to date in 2019 the figure is at c.€250,000,000.   In total NCAP have in excess of 175,000 square metres of active projects under management in the office, retail and logistics/industrial sectors.

Prior to setting up NCAP the Team have all held senior positions with Corporate Financiers, Real Estate Companies, Development Companies and Real Estate Advisors.  

 

Services

      At NCAP we can provide the following services.

       

Deal Origination - direct real estate and corporate transactions

A Core activity for NCAP is the origination of primarily off-market opportunities, the provision of market intelligence & due diligence underwriting. We have considerable experience of handling all aspects of property investment including single assets and portfolios whether structured as real estate or corporate acquisitions. Over the years the team has been involved in excess of €4bn of real estate and corporate transactions.

Development & Project Management

From inception to completion, NCAP have the in-house capability to manage professional teams to ensure the successful implementation of project plans, including full scale development and refurbishment.

Development Funding

Working with Developers and Capital Partners we have expertise in finding and structuring funding solutions for development projects, whether forward commitments, full funding packages or other more complex JV arrangements.

 

 

Asset & Property Management Services

We are able to assist in devising and implementing business plan strategies at both property and portfolio level.   Typical work includes lease restructuring, lease and head lease re-gears, letting and pre-letting, refinancings, refurbishments, property repositionings, change of use through to rent and service charge administration and collection. 

 

Third Party Funding & Joint Ventures

Our long experience and proven contacts give us exceptional access to reliable equity and capital partners. We know many of the local senior lenders, understand their lending criteria and are able to identify the opportunities and risks for our partners at an early stage and advise on the best funding strategy. We also have access to various alternative sources of funding capital (eg equity, mezzanine, stretch senior) and joint venture partners, which may provide alternative solutions.

”As a Nordic Investment Adviser and Operating Partner we offer our Investor Partners a full service solution in the Nordics. Our aim is to build long term Partner relationships built on trust, results and aligned interests"

– Douglas Petheram
 

 

The Team

A short description and introduction to the partners and the team
that gives you an overview of the company NCAP.
 

 
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Niels Keergaard Christiansen

+45 31 16 13 19
nkc(at)ncap.dk

Niels has been part of the Danish real estate industry for more than 24 years in senior positions covering advisory, development and asset management.  

Before joining NCAP in 2014, Niels was CEO of NC Development, and formerly sales director in Keops Development. He was previously holding various positions at Colliers.

Key competences are within investment- & transaction management, property development and asset management.

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John Routledge

+46 70 25 99 998
jr(at)ncap.se

John has extensive transactional experience across Sweden and the wider Nordic Region.

John moved from London with Cushman & Wakefield in 2008, where he was head of Capital Markets for the Nordic Region.

John joined NCAP in August 2016 from CBRE in Sweden.

John has been a qualified Chartered Surveyor since 1995.

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Lars Røgeberg

+45 3032 2717                lr(at)ncap.dk

Lars has more than 12 years of experience within asset management, advisory and debt financing across the Nordics and the UK.

Prior to joining NCAP Lars was a Director at Barings Real Estate based in London where he was responsible for asset management of the European debt portfolio. Prior to joining Barings Real Estate Lars was at Deutsche Pfandbriefbank for two years as an Associate Director. Before that he spent eight years at Situs and HSH Nordbank based in Copenhagen.

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Björn Hallin

+46 703 19 11 19
hallin(at)ncap.se

Björn has been working with real estate since 1998 and has a broad knowledge of the business both from an investor´s point of view but also as an asset manager and occupier.

Before co-founding NCAP, Björn held the position as Director Corporate Finance at PwC and before that he was responsible for the Nordic real estate portfolio at the Dutch retail real estate specialist Redevco.

Björn is a member of the Royal Institution of Chartered Surveyors.

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Douglas Petheram

+44 77 13 32 83 08
douglas(at)ncap.se

Douglas has more than 28 years pan European commercial real estate experience, gained as both an advisor and as a principal. 

Prior to joining NCAP, Douglas has held a number of roles.   On the Advisory side he was a Partner at pan-European real estate advisory business, de Morgan & Co and a Senior Director within CBRE's London Investment Team. As a Principal, Douglas worked at Investment Manager Avignon Capital.  

Douglas is a Chartered Surveyor and a non-executive Director of Oslo based Orla Real Estate.

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News

Prime CBD office building in Stockholm, Sweden, acquired by Europa Capital and NCAP 2019-07-08   Pan European real estate investment manager Europa Capital has together with NCAP made their first Swedish investment by acquiring the well-known Trygg Hansa building in the Stockholm CBD close to the Central Station. The building consists of 13 000 square metres of modern flexible office space and retail units on the ground floor. The building is part of a major refurbishment scheme supported by the City of Stockholm.    Download NCAP Press Release

Prime CBD office building in Stockholm, Sweden, acquired by Europa Capital and NCAP 2019-07-08

Pan European real estate investment manager Europa Capital has together with NCAP made their first Swedish investment by acquiring the well-known Trygg Hansa building in the Stockholm CBD close to the Central Station. The building consists of 13 000 square metres of modern flexible office space and retail units on the ground floor. The building is part of a major refurbishment scheme supported by the City of Stockholm.

Download NCAP Press Release


Mixed used use office and retail building in Turku, Finland, acquired by Quadoro 2019-03-20   NCAP have advised Quadoro Doric in the acquisition of a mixed use office and retail building in a central downtown location in the Finnish city of Turku. The building was constructed in 1975 and has 10,180 m² of leasable accommodation over 4 storeys and basement levels.    Download NCAP Press Release

Mixed used use office and retail building in Turku, Finland, acquired by Quadoro 2019-03-20

NCAP have advised Quadoro Doric in the acquisition of a mixed use office and retail building in a central downtown location in the Finnish city of Turku. The building was constructed in 1975 and has 10,180 m² of leasable accommodation over 4 storeys and basement levels.

Download NCAP Press Release


Diana Helsinki CBD office building acquired by Quadoro 2019-02-22   NCAP have advised Quadoro Doric in the acquisition of Diana a mixed use building in Helsinki’s CBD comprising apartments, offices and retail space. The building including its impressive façade was erected in 1898 on a 1,336 m² site. The rental space comprises 3,400 m² and is spread over four storeys with partially developed loft space.    Download NCAP Press Release

Diana Helsinki CBD office building acquired by Quadoro 2019-02-22

NCAP have advised Quadoro Doric in the acquisition of Diana a mixed use building in Helsinki’s CBD comprising apartments, offices and retail space. The building including its impressive façade was erected in 1898 on a 1,336 m² site. The rental space comprises 3,400 m² and is spread over four storeys with partially developed loft space.

Download NCAP Press Release


Galleria Center Syd outside Malmö Sweden acquired by Catalyst Capital 2018-12-19   Leading European Real Estate Investment & Asset Management Group Catalyst Capital have made their first investment into Sweden with their acquisition of Center Syd, Malmo.  Center Syd is located between the metropolitan area of Malmö, Sweden´s third largest city, and Helsingborg to the north, in one of Sweden´s most densely populated regions. The centre is anchored by a 9,000 Sq M ICA Hypermarket , has more than 80 stores and totals 40,000 Sq M. The centre was extensively refurbished in 2015, since when it has experienced consistently growing footfall and turnover.    Download Press Release    (Swedish)     Download Press Release    (English)

Galleria Center Syd outside Malmö Sweden acquired by Catalyst Capital 2018-12-19

Leading European Real Estate Investment & Asset Management Group Catalyst Capital have made their first investment into Sweden with their acquisition of Center Syd, Malmo.

Center Syd is located between the metropolitan area of Malmö, Sweden´s third largest city, and Helsingborg to the north, in one of Sweden´s most densely populated regions. The centre is anchored by a 9,000 Sq M ICA Hypermarket , has more than 80 stores and totals 40,000 Sq M. The centre was extensively refurbished in 2015, since when it has experienced consistently growing footfall and turnover.

Download Press Release (Swedish)

Download Press Release (English)


Savills Investment Management acquires state of the art Logistic Headquarters in Helsinki 2018-12-01   In an off market transaction NCAP has advised Savills Investment Management on the acquisition of a state of the art new Logistic Headquarters facility in Helsinki Vanta.    Download Press Release

Savills Investment Management acquires state of the art Logistic Headquarters in Helsinki 2018-12-01

In an off market transaction NCAP has advised Savills Investment Management on the acquisition of a state of the art new Logistic Headquarters facility in Helsinki Vanta.

Download Press Release


 
Junckers Industrier site acquired by a Vika syndicate 2018-09-03   NCAP played a significant role in this exciting industrial transaction in Denmark. The property is let on a 20 years lease to the Danish high end furniture manufacturer Junckers. The NCAP team very much looks forward to working together with both Vika Project Finance and Junckers Industrier A/S on the future asset management of the Property.

Junckers Industrier site acquired by a Vika syndicate 2018-09-03

NCAP played a significant role in this exciting industrial transaction in Denmark. The property is let on a 20 years lease to the Danish high end furniture manufacturer Junckers. The NCAP team very much looks forward to working together with both Vika Project Finance and Junckers Industrier A/S on the future asset management of the Property.


Pilängen Logistik divests XXL’s logistics centre in Örebro to Aberdeen Standard Investments 2018-08-16   NCAP acted as buyer´s advisor as Pareto divested XXL´s logistic centre in Örebro, Sweden, to Aberdeen Standard Investments for SEK 410 million.    Download Press Release

Pilängen Logistik divests XXL’s logistics centre in Örebro to Aberdeen Standard Investments 2018-08-16

NCAP acted as buyer´s advisor as Pareto divested XXL´s logistic centre in Örebro, Sweden, to Aberdeen Standard Investments for SEK 410 million.

Download Press Release


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Lars Røgeberg joins NCAP as Head of Asset Management 2018-11-29

Lars will be based in NCAP’s Copenhagen office strengthening the asset management capabilities of NCAP across the Nordics. Lars comes with more than 12 years of real estate experience in the Nordics and the UK. Prior to joining NCAP Lars was a Director at Barings Real Estate based in London where he was responsible for asset management of the European debt portfolio.

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NCAP advised Round Hill Capital in their first residential portfolio acquisition in Finland with 3,263 units as a part of the new Finnish Residential Strategy 2018-06-01

The portfolio consists of 106 well located properties across the south of Finland as well as the Helsinki Metropolitan area and was acquired from an affiliate of Avant Capital Partners.

NCAP acted on behalf of the buyer.

Download Round Hill Capital Press Release

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GROWING THE NCAP TEAM 2019-09-01

Over the last 24 months NCAP has acquired assets with a value in excess of €800m.   Our portfolio of assets under management now totals around 200,000m2 and continues to grow.   We are therefore looking for dynamic and competent professionals to join the NCAP teams in Stockholm, Copenhagen, Malmö and Helsinki.   In particular we need increased support within property and asset management, analytics/ research and transactions. Your background and experience is of course important, but whether or not you have a real estate background, it is your ability to create value for our Investor Partners and fit into the NCAP Team that is our principal concern.

Becoming a member of a small team, we can offer an exciting position that provides the potential to be involved in all aspects of our business from transactions through to project and asset management.

For more information please contact Björn Hallin at our office in Stockholm.


 

Our Offices

With local offices in Copenhagen, Stockholm, Helsinki and London, NCAP holds a unique position in the Nordic market.
 

 
 

COPENHAGEN
Bredgade 30
1260 Copenhagen K
Denmark
info(at)ncap.dk

STOCKHOLM
Sveavägen 9-11
101 52 Stockholm
Sweden
info(at)ncap.se

LONDON
50 Grosvenor Hill
Mayfair, London
W1K 3QT
United Kingdom
info(at)ncap.se

HELSINKI
Keskuskatu 3
00100 Helsinki
Finland
info(at)ncap.fi