Mirastar to Expand into Nordics and Appoints Regional Head
Mirastar, KKR Real Estate’s industrial and logistics platform in Europe has appointed Douglas Martinsson as the Head of Nordics and announces a formal entry into the region to support the company’s expansion across Europe.
Douglas will oversee all activities of Mirastar in the region including sourcing, management and executing a range of deals including developments, standing assets and portfolio deals. He will report directly to CEO Ekaterina Avdonina.
Douglas joins Mirastar from EQT Exeter where he was a Director in the Stockholm office focusing on sourcing, executing and managing Nordic real estate investments, primarily within the I&L segment. Prior to this, he worked for Revcap, Partners Group and Areim, and has completed more than 40 portfolio and single-asset transactions in the Nordic region over the past 10 years.
Ekaterina Avdonina, CEO and Co-founder, said: “Douglas has a phenomenal track record in the Nordics and in particular scaling and aggregating large industrial & logistics portfolios. With his wealth of experience and network across the region we are confident that Nordics will become one of the largest markets for Mirastar”.
Douglas Martinsson, Head of Nordics, said: “I am looking forward to the opportunity to roll out Mirastar’s successful business model across the Nordics. Leveraging on the team’s impressive track record from managing and developing high-quality, sustainable I&L assets across continental Europe and the UK, we see great potential in meeting the growing demand for modern distribution and warehouse space in the expansive Nordic region.”
Anthony Butler, CIO and Co-founder, said: “It’s an exciting time for the growth of our platform entering into new region and leveraging off local talent. We intend to replicate our already successful model of developing, forward purchasing and aggravating both big box and urban logistics.”