Barings appoints head of Nordics real estate

Based in Stockholm, Norberg will lead Barings’ real estate investment activity in Sweden, Norway, Denmark and Finland, working closely with Gunther Deutsch, who leads European transactions, and Charles Weeks, Barings’ head of real estate for Europe and Asia Pacific.

Norberg joins Barings from CBRE Investment Management (CBRE IM) where he had worked for more than six years, most recently as head of investment operations and a member of its European leadership.

Prior to CBRE IM, Norberg worked with Swedish real estate owner Kungsleden and CBRE’s capital markets team.

Norberg will be responsible for further building on Barings’ position in the Nordics real estate market.

In March, Barings agreed several logistics deals in the market, including the forward purchase of a development in Gothenburg for €52.4 mln in an off-market transaction.

Said Weeks: 'After recently further expanding our footprint in the Nordics, including the forward purchase of a major logistics development in Gothenburg, Andreas joins the team in an important period of growth for Barings in the market and across Europe.

'With an impressive track record of supporting investment strategies through major transactions, Andreas will lead our work in the Nordics as we build momentum, develop our already healthy pipeline of projects, and seek out others in our preferred investment sectors across a range of value-add and core assets.'

Said Norberg: 'Barings has an enviable reputation of combining on-the-ground knowledge and global expertise to deliver excellent results for its clients.

'With an appetite to source further investments in the logistics, office and living sectors, I look forward to further developing Barings’ established position in the market and feel we have a strong opportunity to build on the team’s first-class work.'

The Nordics is one of Barings’ preferred geographies in its priority investment sectors of logistics, offices, and alternatives – living.