Anvil Asset Advisors AS (“Anvil”) and the management team from Attivo AS are pleased to announce the establishment of Anvil Development Partners AS (“ADP”). The existing management team of Attivo will transition to ADP to focus on the completion of 7 of Attivo’s ongoing projects (representing 542 residential units in the greater Oslo area) along with pursuing new opportunities in the residential development sector.

Since its founding 25 years ago, Attivo has developed over 1,200 homes and 205,000 m² of commercial space in the greater Oslo area. Anvil was founded in 2015 and acts as the strategic local partner for many international investors investing in the Nordics. Since inception, Anvil has acquired and asset managed NOK 15bn of real estate totaling 773,000m² in Norway, Denmark and Sweden.

Nick Laird, Chairman of Anvil, “the current disruption in the Norwegian residential sector creates some very unique opportunities for investors with capital and deep development expertise. We believe there is nobody more qualified than the Attivo team to pursue these types of opportunities in Norway, and we are very excited to have them as part of our organization.”

By combining the Attivo team’s development expertise with Anvil's deep investor relationships and capital markets/asset management capabilities, Anvil Development Partners is uniquely qualified to take a leading position in the Norwegian residential development market in the coming years. ADP will be able to offer a full-cycle value proposition: from site acquisition and project development through to asset management, financing and eventual exit.

Espen Strand, Managing Director of Anvil Development Partners, “the establishment of ADP represents an exciting opportunity in the residential development space and a natural next step for the Attivo team. We have previously pursued investment opportunities together with Anvil and know we share a similar culture and approach to creating value for shareholders. We look forward to drawing on the best of both organizations as we co-locate, integrate and actively pursue new development opportunities.”

Erik Kimmestad, Co-CEO of Anvil, “we are very excited to partner with such a proven and talented team that allows Anvil to expand its core business into large-scale residential development projects by applying our own principles of analytics, access and investor alignment to generate attractive risk-adjusted returns”.

Learn more about our services here.

Anvil Asset Advisors is an independent investment and asset management firm that has grown since 2015 to become a leading operating partner for institutional clients investing in Nordic real estate markets. With €1.35 billion of real estate under management across Norway, Denmark, and Sweden, and offices in Oslo, Copenhagen, and Chennai, Anvil combines local expertise with a global perspective to deliver exceptional results.

On behalf of Euro Real Estate, Anvil successfully managed the facade renovation of the prestigious Karl Johans Gate 45 from 1897, preserving parts of the architectural heritage in Oslo. The landmark office and retail asset located between the Parliament and the Palace, is partially protected as a cultural heritage building.

The facade renovation entailed replacing 85 windows including improving the insulation system, rehabilitation of the brick and sandstone facade, comprehensive roof and tower development with 80% reused slate, and the addition of facade lighting to highlight the historical architecture.

About Anvil Asset Advisors
Anvil Asset Advisors is an independent investment and asset management firm that has grown since 2015 to become a leading operating partner for institutional clients investing in Nordic real estate markets. With €1.35 billion of real estate under management across Norway, Denmark, and Sweden, and offices in Oslo, Copenhagen, and Chennai, Anvil combines local expertise with a global perspective to deliver exceptional results.

Learn more about our services here.

Anvil Asset Advisors has partnered with H.I.G. Realty Europe in the acquisition of a portfolio of four logistics and light industrial properties at Borgeskogen, Sandefjord. The properties — Borgeskogen 53, 59, 63 and 65 — have a combined building area of approximately 24,750 square meters on land plots totaling around 110,000 square meters, with further development potential under current zoning.

The acquisition marks the first step in building a Nordic logistics and industrial portfolio together with H.I.G. Realty Europe. The Borgeskogen assets are located along the E18 corridor, offering excellent connectivity to Oslo and Southern Norway, and are situated in an area experiencing strong demand and industrial activity.

Anvil Asset Advisors is an independent investment and asset management firm that has grown since 2015 to become a leading operating partner for institutional clients investing in Nordic real estate markets. With €1.35 billion of real estate under management across Norway, Denmark, and Sweden, and offices in Oslo, Copenhagen, and Chennai, Anvil combines local expertise with a global perspective to deliver exceptional results.

Learn more about our services here.

Anvil Asset Advisors (“Anvil”) is pleased to announce its engagement by Euro Real Estate as asset manager for Ny Østergade 24 in Copenhagen. Euro Real Estate is the European real estate investment management business of a privately owned group that invests in real estate, securities, equities, bonds and forestry. The company acquired the 4,000m² high-end residential and commercial building upon completion in 2021. The building has been nominated for and won several awards, including Copenhagen Municipality’s publikumsprisen in 2021, which was awarded by the citizens of Copenhagen. 

Anvil has been partnering with Euro Real Estate since the company acquired the trophy asset Karl Johans Gate 45 in Oslo in 2019.

“We are proud and thankful that Euro Real Estate has entrusted us with this asset and take pride in the fact that another client of Anvil in Norway has expanded the partnership to include Denmark”, says Daniel Ewerlöf, managing director of Anvil Asset Advisors Denmark.

About Anvil Asset Advisors
Anvil Asset Advisors is an independent investment and asset management firm that has grown since 2015 to become a leading operating partner for institutional clients investing in Nordic real estate markets. With €1.35 billion of real estate under management across Norway, Denmark, and Sweden, and offices in Oslo, Copenhagen, and Chennai, Anvil combines local expertise with a global perspective to deliver exceptional results.

Learn more about our services here.

The portfolio, acquired by Pictet in 2022, includes five production sites, along with logistics and office facilities, mainly situated in the region of mid and south Jutland with excellent transport connections.

The mandate expands Anvil’s Danish operations, which already includes the management of more than 180,000 m² of logistics properties across Jutland, as well as core residential real estate in Copenhagen. Combined, Anvil will be managing more than 330,000m².

Anvil Asset Advisors is an independent investment and asset management firm that has grown since 2015 to become a leading operating partner for institutional clients investing in Nordic real estate markets. With €1.35 billion of real estate under management across Norway, Denmark, and Sweden, and offices in Oslo, Copenhagen, and Chennai, Anvil combines local expertise with a global perspective to deliver exceptional results.

Learn more about our services here.

Anvil Asset Advisors (“Anvil”) is pleased to announce its engagement by Slate Asset Management (“Slate”), a global investor and manager focused on essential real estate and infrastructure assets, to support Slate’s real estate management in Norway. Slate’s Norwegian portfolio spans over 150,000m² of real estate across more than 60 assets throughout the country.

This partnership underscores Slate’s confidence in Anvil’s extensive expertise and proven track record in the Nordic market. Anvil will provide tactical and operational support to optimize Slate’s current portfolio and contribute to identifying new investment opportunities in critical sectors, aligning with Slate’s focus on sustainable growth and high-performing assets.

The Nordics are a key focus for Slate as the firm continues to expand its European presence. Slate’s recent investments in high-demand sectors, including cold storage and distribution facilities like the World Seafood Center, reflect the firm’s commitment to its essential real estate strategy.

With over €1 billion in real estate under management across the Nordics, Anvil’s local presence and deep market knowledge uniquely position it to support Slate’s portfolio and the firm’s growth in Norway and beyond.

About Slate Asset Management
Slate Asset Management is a global investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

About Anvil Asset Advisors
Anvil Asset Advisors is an independent investment and asset management firm that has grown since 2015 to become a leading operating partner for institutional clients investing in Nordic real estate markets. With €1.35 billion of real estate under management across Norway, Denmark, and Sweden, and offices in Oslo, Copenhagen, and Chennai, Anvil combines local expertise with a global perspective to deliver exceptional results.

Learn more about our services here.