Key Takeaways
- Sector: Real Estate.
- Geography: Norway.
Analysis
Norges Bank Investment Management (NBIM), the entity responsible for managing Norway's Government Pension Fund Global, has announced the appointment of Alexander Knapp as its new Global Head of Real Estate. Knapp is set to assume his role on June 16, 2025, and will be based in London.
Prior to this appointment, Knapp served as the Chief Investment Officer for Europe at Hines, a prominent global real estate investment firm. During his 16-year tenure at Hines, he held multiple leadership positions, culminating in his role as CIO for Europe, where he was also a member of the Global Executive Committee and the Global Investment Committee.
In his new position at NBIM, Knapp will be responsible for overseeing both listed and unlisted global real estate investments and implementing the fund's real estate strategy. He will report directly to Pedro Furtado Reis, Co-Chief Investment Officer for Active Strategies at NBIM.
"We are delighted to welcome Alexander to lead our Real Estate team," said Furtado Reis. "He brings extensive investment experience and a global perspective. We believe he has both the strategic mindset and leadership style needed to excel in this demanding role."
Expressing his enthusiasm, Knapp stated, "I am incredibly excited to join NBIM, an institution I’ve always respected for its long-term perspectives and responsible investment approach. I look forward to working with the team to continue building a portfolio that supports the fund’s objectives."
NBIM manages one of the world's largest sovereign wealth funds, with significant investments across various asset classes, including real estate. The appointment of Knapp underscores the fund's commitment to strengthening its real estate investment strategy on a global scale.