NPS is becoming a minority stakeholder in Areim via its strategic partnership with Townsend Group. On behalf of NPS, the investment was led by Townsend, a leading adviser and partner to institutional investors globally focused on real estate and real assets.
After the transaction, Areim will remain an independent real estate manager with a focus on the Nordic market. The responsibility for managing the business and operations of Areim will remain solely with the existing Areim team. Consequently, the firm’s senior management and partners will maintain their full commitment to the investment activities of the Areim funds and to the firm’s long-term growth.
“We are pleased to establish this strategic partnership with Areim. Their proven strengths and long-term vision align closely with our platform investment strategy, and we are confident that this collaboration will further support Areim's continued growth as well as NPS’s long-term investment objectives,” sa