Nordic Investment & Capital Partners
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.
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.
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.
A short description and introduction to the partners and the team
that gives you an overview of the company NCAP.
Niels Keergaard Christiansen
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.
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.
+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.
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.
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.
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.
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.
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.
With local offices in Copenhagen, Stockholm, Helsinki and London, NCAP holds a unique position in the Nordic market.