Real estate investment manager Nuveen Real Estate has appointed Morten Olesen as senior director, head of housing and alternatives in Germany.
The move strengthens Nuveen’s commitment to expanding its residential and alternative investments in the German market.
Based in Frankfurt, Olesen will report to Jasper Gilbey, head of housing and alternatives in Europe. He brings over a decade of experience in the German real estate sector, having previously held senior roles at FFIRE Immobilienverwaltung AG, where he led on transactions worth over €1.1 bn, as well as at Deutsche Annington (Vonovia), and Speymill Group.
In his new role, Olesen will be responsible for identifying and executing investment opportunities across the risk spectrum within Germany’s housing and alternatives sectors. His expertise will be instrumental in driving Nuveen's growth and success in the region.
Gilbey said: ‘Morten’s appointment will significantly strengthen our housing and alternatives sector expertise in Germany – one of our high conviction markets. With multiple client mandates seeking exposure to the region, from core through to opportunistic risk/return profiles, we have significant growth ambitions in the near term.’
Nuveen Real Estate’s European portfolio of housing and alternatives assets has surpassed $4 bn (€3.6 bn), with Germany a key market for future growth.
