Nordic real estate investor NREP has made its first hire in London with the recruitment of JP Morgan’s former EMEA real estate executive director Emanuele Bena as partner and head of capital markets.
NREP said that the move is aimed at 'supporting a growing pipeline of large regional investment opportunities and to continue optimizing available financing options'. The group will now also establish a small office in London, it added.
'We left 2019 with a record-breaking investment momentum, and our pipeline of opportunities is significant. As we strive to realize the full potential of NREP, improving sources of financing will be key. Emanuele has been with JP Morgan for 15 years and he will add substantial capital market experience, as well as valuable support for structural- and M&A-type deals,' said Claus Mathisen, CEO of NREP.
Originally from Turin in Italy, he has already spent a significant amount of time on Nordic real estate transactions, including the public tender offer on Technopolis for Kildare Partners and the IPO of Kojamo on the Helsinki Stock Exchange. Emanuele Bena also advised the Swedish Government, when the state-owned real estate company Vasakronan was privatized..
'NREP’s approach really hits the sweet spot, considering where market preferences are going to adapt modern real estate investment and management to evolving megatrends. I’m excited to join a firm that has already undertaken an impressive journey,' Emanuele Bena.