Nuveen Real Estate has strengthened its pan-European industrial and logistics capability by appointing Magnus Kenning as senior director of logistics for the Nordics.

Magnus Kenning, senior director of logistics for the Nordics, Nuveen Real Estate

Magnus Kenning, Senior Director of Logistics For the Nordics, Nuveen Real Estate

Kenning will be based in Nuveen's Stockholm office and report to Thorsten Kiel, head of industrial and logistics, Europe.

Kenning joins from DEAS Asset Management, which acquired the Nordic part of Aberdeen Asset Management's real estate operations in June 2021. He previously spent over 16 years at Aberdeen as its head of transactions Sweden and in this role was responsible for coordinating all investment activities in the region.

In March, Nuveen announced the acquisition of five logistics assets encompassing close to 90,000 m2 across Norway, Germany, Spain and the UK for close to €150 mln.