Fokus Nordic to acquire DEAS Asset Management to become one of the leading independent Real Estate Asset Managers in the Nordics.
The acquisition of the real estate firm DEAS Asset Management will accelerate the growth of Fokus Nordic and immediately position the company to become one of the leading real estate asset and investment managers in the Nordics.
Through this acquisition, Fokus Nordic has reached the scale to serve global real estate investors seeking Nordic exposure with core, core+, value-add and opportunistic strategies while maintaining the highest standards of service for current clients. The combination of Fokus Nordic and DEAS Asset Management creates a unique Nordic ‘platform’ with approx. 170 employees operating in 4 countries and with a total AuM of c. €10 billion.
The acquisition of DEAS Asset Management is subject to regulatory approval from the Financial Supervisory Authorities in Denmark and Norway and is expected to close in early 2025.
Source: europe-re.com on the 13th of November, 2024
https://europe-re.com/fokus-nordic-to-acquire-deas-asset-management-se/73689