Overview of the Role:
The Head of Nordic Investments role holds overall responsibility for the team’s real estate activities in the Nordic region. The role primarily focusses on delivering investment performance for all the funds, mandates, and assets managed in the region – establishing Nuveen’s profile as a market leader;
The Nordic portfolio currently equates to ~€2bn by value of which ~€1.4bn invested in the Housing & Alternatives sectors – with ambitions of significantly increasing its exposure to the Nordic market.
Key responsibilities:
Strategy
Responsible for formulating the investment, portfolio, business development and resourcing strategy of the Nordic platform in conjunction with the Sector Head and broader European Leadership Team
Focus on driving investment performance, business growth and profitability
Investment/Transactions
Primary point of contact for all investment activity in the housing and alternatives sector in the Nordic market
Strong network across the target sectors with a track-record of sourcing innovative off-market opportunities across the risk curve
Rigorous analysis of potential investment opportunities and ultimate responsibility for all underwriting
Responsible for clinical transaction execution – on the acquisition, sale and recapitalisation side
Co-ordination of both internal (e.g. Nuveen Investment Committee) and external (e.g. client) approvals
Liaise and support wider Nuveen Real Estate teams involved in the acquisitions e.g. Transaction structuring, Treasury, Research, Sustainability etc.
Portfolio/Fund Management
Oversight of all mandates – funds, joint ventures or separate accounts – in the Nordic market
Responsible for working with the respective mandate teams to determine a clear strategy and oversee its implementation – including periodic hold/sell analysis
Oversee both internal and external communication as well as all reporting – including annual Strategic and Asset-level Business Planning Business Development
Working closely with specialist teams in Europe, the candidate will be instrumental in the growth of the business through assisting with the launch of new funds and securing separate account mandates.
New business - maintain an active profile in the Nordic market and lead business development and capital raising initiatives.
New Funds – provide support and advice to the specialist in-house teams in formulating fund strategies, producing the supporting documentation and attending investor / bank presentations.
Separate account mandates – to provide specialist asset management and other complementary services to third parties, when suitable opportunities arise.
Management
Ensure Nordics team is integrated into the company and understand the global business/objectives
Assume management of the Nordics Housing and Alternatives transaction and portfolio management team
Responsible for determining and implementing a resourcing strategy in accordance with business needs – focusing on creating a highly-skilled, motivated and performing team
Qualifications & Experience Required
Extensive knowledge of the Real Estate market in the Nordics; especially in operational real estate (such as housing & self-storage), the industrial and retail sectors
High-quality track-record of executing transactions, both asset and corporate, across the risk curve
Strong portfolio management skills with proven ability to asset management and investment management
Established network in the real estate and financial community
Graduate calibre or similar level of education
Ability to interface with clients and deliver on their objectives
High standard of computer literacy and analytical skills
RICS qualified or equivalent
Fluent in English and Danish and/or Swedish
Competencies Required
Strong financial, analytical and modelling skills
Good team player contributing to the success of Nuveen Real Estate (the role will involve regular liaison with other offices)
Act in line with Nuveen Real Estate’s Company…