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      <image:title>Welcome to NCAP - Make it stand out</image:title>
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      <image:title>Welcome to NCAP - Make it stand out</image:title>
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      <image:caption>2026-09-10 NCAP advises EIKA Group on acquisition of sustainable logistics asset in Nordenham NCAP has advised EIKA Group on the acquisition of a fully let logistics asset in Nordenham, northern Germany. Completed in late 2024, the modern property offers approximately 15,600 sqm of lettable area across three units and is leased to occupiers from the aviation and transport logistics sectors. The asset is DGNB Gold-certified and includes a photovoltaic system, wind turbines, and an air-to-water heat pump, meeting high standards of sustainability and energy efficiency. Nordenham is an established location for logistics and industrial activities, with good connectivity to the wider German transport network. The acquisition continues EIKA Group’s strategy of building a sustainable portfolio of modern assets with stable, long-term cash flows. – Nordenham is a strong fit with our client’s investment approach, combining a modern, high-quality asset with strong sustainability credentials and stable cash flows, says Stephan Obermayer, Managing Partner at NCAP Germany. Contact Stephan Obermayer Managing Partner, NCAP Germany so@ncap.se Phone: +4915140063114</image:caption>
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      <image:title>Welcome to NCAP - Make it stand out</image:title>
      <image:caption>2026–03–05 NCAP launches mandate to build a sustainable core logistics portfolio in Germany NCAP has successfully completed the acquisition of a fully let logistics asset in Bensheim, in the Rhine-Main region near Frankfurt, Germany, on behalf of a multi-family office. The transaction was brokered by BNP Paribas Real Estate. The modern property offers approximately 10,600 sqm of lettable area and is leased long-term to a contract logistics provider. It includes high-quality warehouse, office, and mezzanine areas, meeting high standards of flexibility and sustainability. Bensheim is part of one of Germany’s main logistics hubs, with excellent connectivity to Frankfurt and the wider European transport network. This marks NCAP’s first transaction in Germany and the start of a dedicated mandate to build a sustainable core logistics portfolio. The strategy focuses on modern, flexible logistics assets in established regions with stable, long-term cash flows. – With this acquisition, we are laying the foundation for the systematic expansion of a resilient logistics portfolio in Germany, says Stephan Obermayer, Managing Partner at NCAP Germany.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/5a267692d0e6285e8507130c/33604946-e111-40fd-a53f-898bbbc69fc8/ManonGabsNielsen_News.jpg</image:loc>
      <image:title>Welcome to NCAP - Make it stand out</image:title>
      <image:caption>2026-02-23 Manon Gabs Nielsen Promoted to Investment Manager We are pleased to announce that Manon Gabs Nielsen has been promoted to Investment Manager, effective January 1, 2026. Manon has been a key contributor to NCAP’s investment team, and this promotion recognizes her dedication, expertise, and collaborative spirit. In her new role, she will continue to play a central part in our investment activities and team collaboration. Congratulations to Manon on this well-deserved achievement.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/5a267692d0e6285e8507130c/141505b2-a3a1-4298-8007-de1830b31754/Haukur_Valtysson_16-9+kopiera.jpg</image:loc>
      <image:title>Welcome to NCAP - Make it stand out</image:title>
      <image:caption>2026-02-10 NCAP Welcomes Haukur Örn Valtysson Haukur joined us in December 2025 as an Analyst on the Swedish investment team. He comes from Icelandic Securities, where he worked as an Alternative Investment Analyst focusing on financial analysis and business development for portfolio companies. Haukur holds an M.Sc. in Real Estate and Construction Management from KTH and a B.Sc. in Financial Engineering from Reykjavik University. We are pleased to have Haukur join our team.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/5a267692d0e6285e8507130c/5b042c4c-7e63-418f-a627-0f5f30201446/Soren_Heron.jpg</image:loc>
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      <image:caption>2025-12-17 Søren Heron Achieves DGNB Consultant Buildings in Use Certification  We are pleased to announce that Søren Heron has achieved the DGNB Consultant Buildings in Use certification. This qualification gives NCAP enhanced insight into the sustainability and operational performance of existing buildings. With this expertise, we can help clients improve building performance, increase energy efficiency, optimize operations, and make data driven decisions that deliver environmental, social, and economic value. Søren’s achievement strengthens our ability to turn sustainability knowledge into measurable results for our clients. Learn more about DGNB: https://www.dgnb-system.de/en/</image:caption>
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      <image:caption>2025-07-20 - NCAP Sells Nørretorv District Centre, Ringsted, Denmark In June 2024, NCAP were appointed as asset manager for a Danish 62,300 m2 multi asset portfolio on behalf of a Swiss family office. A new dynamic AM approach and strategy has been required which will include refinancings, asset repositioning, sales and lettings. NCAP are therefore very pleased to have completed an early phase of their strategy with the sale of Nørretorv, a neighbourhood centre in Ringsted. The 12,000 m2 Centre was partially vacant when NCAP became AM. Stage 1 of the strategy was to adopt an ambitious leasing strategy based on the creation of a local health centre to compliment the existing Office, grocery and convenience offerings. This was successfully achieved in early 2025 when the remaining vacancy was let to the local Municipality for use as a health centre. Having achieved 100% occupancy, NCAP’s strategy was to dispose of the property. This has now been achieved with the sale to a Danish investor at a price exceeding book value. The sale allows NCAP to redeploy capital and resources as they continue to enhance portfolio performance’.</image:caption>
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      <image:caption>2025-05-20 New Letting – Metropol, Njalsgade 72A, 2300 Copenhagen Just 6 months after taking over the project from another Asset Manager, NCAP can announce that the Metropol office building on Islandsbrygge in Copenhagen is fully let. This has been achieved with the letting of 7,156 sqm to Cheval Blanc and the University of Copenhagen. Based on Convenience, Efficiency and Sustainability, the 10,000 sqm building has been transformed from an empty office building to a modern multi-user building which, in addition to Europe's largest moss wall, also offers new shared facilities such as a canteen, meeting centre, changing rooms and roof terraces with greenhouses which can be used as alternative meeting rooms. All of the property's office areas have been renovated to minimize resource consumption, while a reorganization of the property's work and common areas has resulted in better space utilization and thus optimal capacity utilization. The property is leased to Yo Studios, Zendesk, Amesto, Dermarome and now Cheval Blanc and the University of Copenhagen. The property will be certified according to DGNB Gold standards.</image:caption>
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      <image:caption>2025-06-02 Energy Optimization Upgrades - Galleria Center Syd, Malmo, Sweden   The NCAP Project Management Team, in collaboration with Retta and AFRY, on behalf of our partners, Catalyst Capital can report the completion of several key energy initiatives delivered at Galleria Center Syd. Delivered on time and budget, the 30.000m2 roofing replacement, 300 KWp solar panel upgrade, replacement of 3 major ventilation units and connection to district heating serves to reduce annual energy consumption by over 40%.  This will ensure that Center Syd will continue to be a focal point for tenants and customers and maintains the owners strong commitment to sustainable properties.</image:caption>
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      <image:caption>2025-01-15 Hjulmagervej 21-25, 7100 Vejle, Denmark NCAP have advised ABG Project Finance and Erla on the acquisition of a modern production and warehouse facility in Vejle, in the northern part of Denmark’s Triangle Region which is among Denmark's top transport and logistics hubs. The Property has a GLA of 25,536 sq m and is located just off the E35 motorway in a well-established mixed-use logistics and industrial area. The property is fully let and serves as the regional headquarters for Ammeraal Beltech Modular, a leading global belting company.</image:caption>
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      <image:caption>2025-01-06 Fully Let - Nørretorv District Centre, Ringsted NCAP reports that the Nørretorv District Centre, Ringsted is now fully let. The 12,058 sqm. district centre, which was built in the late 1980s, has at times experienced vacancy rates of over 20%. This called for a new approach to the activities that should be housed in the Centre to transform it from a high vacancy to a fully leased district centre. The result was an ambitious leasing strategy based on the creation of a local health centre combined with other service functions necessary for a city the size of Ringsted. With its central location and easy accessibility for citizens from across the municipality, Nørretorv proved to be an obvious choice as the Municipality's Health Centre. Today the Centre houses 11 health tenants from podiatrists to dentists, together with other essential local services including grocery, restaurant, hairdresser and a Scandic Hotel. These all share a car park with Ringsted Congress Centre, providing optimal use of the parking spaces around the clock.</image:caption>
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    <lastmod>2023-03-27</lastmod>
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