Protego Real Estate Investors has announced that its new office in Stockholm will be headed by Lars Almquist, former head of research & consulting Nordic region at Jones Lang La Salle. The opening of the office follows Protego's successful launch of its EUR 1.65 bn Nordic Retail Fund in June. Lars will be working on the creation of new investment funds and vehicles for investors seeking access to either domestic or international real estate markets.
Protego Real Estate Investors has announced that its new office in Stockholm will be headed by Lars Almquist, former head of research & consulting Nordic region at Jones Lang La Salle. The opening of the office follows Protego's successful launch of its EUR 1.65 bn Nordic Retail Fund in June. Lars will be working on the creation of new investment funds and vehicles for investors seeking access to either domestic or international real estate markets.
Launched in April 2004, Protego has property assets under management of EUR 3 bn. In early 2006, it opened its first continental European office in Amsterdam. CEO Iain Reid said: 'Our expansion into (continental) Europe is a planned natural progression for Protego and has been driven by a desire to offer our institutional clients exposure to a broader range of markets. The establishment of an office in Stockholm provides us with the presence we need in the region to implement an investment programme for the recently launched Nordic Retail Fund and to fulfil our wider European ambitions.'
