Nordics-focused Brunswick Real Estate has announced the launch of two new divisions covering hotels and alternative strategies.
Peter Wiwen-Nilsson, former deputy CEO of Elite Hotels, has been hired to lead the new venture Brunswick Hotels.
Karim Sahibzada, co-founder of Hemfosa Fastigheter and Tobias Emanuelsson, co-founder of Scandinavian Property Group, will head up Brunswick Alternative Strategies.
'Within Brunswick Real Estate we have a constant focus on attracting talent so I am happy to announce that Peter Wiwen-Nilsson has joined the group. By recruiting Peter and forming Brunswick Hotels, the group will consolidate the inhouse hotel expertise,' said Peter Leimdörfer, co-managing partner of Brunswick Real Estate.
BRE's credentials in the hotel investment arena include the Norse hotel portfolio, which was developed in the Sveafastigheter Fund III and sold to Swiss-based Partners Group earlier this year.
Brunswick's other new venture, Brunswick Alternative Strategies (BAS), will be active within alternative real estate investments strategies, initially focusing on infrastructure related real estate.
'With investors searching for alternative cash flow generative investments with stable long-term returns, and several infrastructure related sectors requiring investing partners, we now see an increased opportunity within infrastructure related and other alternative real estate investments,' commented the venture's new CEO Sahibzada. 'BRE's global investor network, strong investing track record and client focused culture made BRE the perfect partner for us.'
Leimdörfer concluded: 'The new venture is fully in line with our ambition to offer tailored strategies and differentiating expertise to meet our clients’ investment objectives. Given current market conditions and opportunities, we believe the timing is just right for BAS.'
