Fokus Nordic is poised to become a leading independent real estate asset and investment manager in the Nordics through its acquisition of DEAS Asset Management.
The combined entity will have a significant presence in the Nordic market, boasting approximately 170 employees across four countries. The acquisition allows Fokus Nordic to serve a wider range of global real estate investors seeking Nordic exposure across core, core+, value-add, and opportunistic investment strategies. It also ensures continued high-quality service for existing clients.
By merging with DEAS Asset Management, Fokus Nordic creates a platform offering a full range of real estate services. With offices in Stockholm, Helsinki, Oslo, and Copenhagen, Fokus Nordic will become one of the largest full-service real estate asset and investment managers in the region. This expanded footprint will provide international investors with a centralized point of entry to the entire Nordic real estate market.
Tonny Nielsen, CEO at Fokus Nordic, said: ‘This acquisition marks a significant strategic advancement for Fokus Nordic. We are excited to enhance the value we provide to our clients and investors, offering greater access to the Nordic real estate markets. Our commitment to exceptional service and local expertise remains unwavering, now strengthened by a stronger organization with a broader reach. This step allows us to diversify our portfolio and deliver an expanded selection of real estate investment options.’
The acquisition is subject to regulatory approval from the Financial Supervisory Authorities in Denmark and Norway and is expected to be finalized in early 2025.
