Nordic property companies Leimdörfer and Sveafastigheter and UK and Nordics-based Brunswick Real Estate Capital, which have been part of the same group since 2014, have announced plans to merge operations under one name.
The three firms will rebrand as Brunswick Real Estate from March 2017, when all Swedish operations relocate to a joint office in Stockholm.
'The Nordic real estate market has come a long way in the 25 years that have passed since we started Leimdörfer. I look forward to a new chapter where we can provide innovative options for our investors through a fully developed offer that spans from transaction advice and research to real estate investments and credit financing,' commented Peter Leimdörfer, partner Brunswick Real Estate in Stockholm.
The current Leimdörfer team will become the company's investment banking arm, while Brunswick Real Estate Capital and Sveafastigheter will together form the investment management unit.
Brunswick Real Estate will maintain its offices in Stockholm, Malmö, Helsinki, Copenhagen and London.
'Through continuous dialogue with our substantial network of global investors we can conclude that the strong interest in the Nordic property market prevails,' said Martin Wiwen-Nilsson (pictured), partner Brunswick Real Estate in London. 'Brunswick Real Estate has a strong international reputation and by merging the companies under one brand, we now broaden our offer to become an even more relevant partner,' he concluded.