Swiss Life Asset Managers completed the acquisition of the real estate business from Ness, Risan & Partners.

Swiss Life Asset Managers, a real estate manager, completed the acquisition of the real estate business from Ness, Risan & Partners, a provider of finacial services through direct investment and funds. Financial terms were not disclosed. "With one of the leading providers of logistics real estate in the Nordics we can strengthen our geographic footprint in Europe in line with our strategy and further expand our position as a leading European real estate manager1. By taking this step, we are broadening our client base and providing our clients with direct, in-depth market access for Nordic real estate. We look forward to working with NRP's experienced and successful team," Stefan Mächler, Swiss Life CIO.