Art-Invest Real Estate is expanding with the opening of a branch in Stockholm, Sweden. The investor, asset manager and project developer is now represented at 11 locations in Germany as well as in Austria, the UK and Sweden. The branch in Stockholm is headed by Johan Lagerdahl, Managing Director and Head of Stockholm at Art-Invest Real Estate.
The establishment of a further branch in Sweden follows the strategic expansion into other European countries to Vienna and London in 2018 and 2019 respectively. Since then, several properties have been acquired and developed there. Art-Invest Real Estate plans to acquire its first property in Stockholm by the end of the year.
As in the previous regions, the targeted asset classes will focus on office, residential, hotel, retail and social infrastructure. Dr Markus Wiedenmann, CEO of Art-Invest Real Estate, on the decision to expand the business into Scandinavia: “We are delighted to be able to establish a further location in such a forward-looking region as Scandinavia, which plays a pioneering role not only in terms of architecture and innovation, but above all in the field of ESG in Europe and worldwide. We are certain that the Scandinavian market will offer us untapped potential in the coming years.”
Jan Dührkoop, Head of Fund Activities within Art-Invest Real Estate, adds: “We want to further expand the investment opportunities for our investors. The retail and residential market in Sweden in particular offers a very attractive risk/return profile. This is something our investors are very interested in.”
The Swedish and Nordic markets will be managed from Stockholm under the leadership of Johan Lagerdahl, a property expert with many years of experience. In addition to Stockholm, the focus is on the regions of Uppsala, Gothenburg, Malmö and Helsinki. Before Johan Lagerdahl joined Art-Invest Real Estate, he worked in asset management at IVG, Triuva and most recently at Patrizia . Johan Lagerdahl has been responsible for numerous projects in the office and retail segment and has accompanied several transaction processes. Since 2019 he has been Country Manager for Sweden and one year later he also joined Finland. Johan Lagerdahl has a broad network in the Nordic property sector as well as on the German market.
Commenting on his new role at Art-Invest Real Estate, he says: “I am delighted to have found a like-minded partner in Art-Invest Real Estate, who is also looking for outstanding projects in promising markets. The projects that Art-Invest has realised so far impress me, as do the can-do spirit and the corporate culture. I am looking forward to the challenge of realising something equally special in my home market of Scandinavia together with the team.”
‘With the successfully established branches in Vienna and London, we have already shown in the past that we can successfully enter foreign markets and how important a local presence is in cooperation with all stakeholders in order to maximise local potential. We are proud to have Johan Lagerdahl join our team to lead our Scandinavian business. He is a very experienced companion who has known us for years and has worked closely for and with German investors in the past. We wish him all the best for his future tasks and look forward to implementing successful projects that offer real added value to their surroundings,’ adds Dr Ferdinand Spies, COO at Art-Invest Real Estate.
