NRE Denmark A/S and A.F. Holding ApS have established a joint venture that has acquired Enghavevej 10 and associated development rights on Boulevarden in Vejle. The plan is to construct four point blocks with modern, smaller rental apartments in a central location. The homes are aimed at students, singles and couples and will strengthen the supply of rental housing in central Vejle. The project will be delivered with a focus on quality, contemporary architecture and consideration for the surrounding urban environment.The existing building at Enghavevej 10 is included in the project and will be converted in accordance with the district plan. The medical clinic currently based at the property will remain a tenant.“We are pleased to present this project in Vejle. The city is developing positively, and with this investment we aim to contribute with more attractive, modern homes in a central location – close to nature, city life and public transport,” says Jonas A. Olesen, Property Director at NRE Denmark.The investment aligns with NRE Denmark’s strategy of developing residential properties in Denmark’s larger cities together with strong partners. The homes are expected to be ready for move‑in at the start of the academic year in August 2027.Facts about the project:Address: Enghavevej 10 and associated development rights on Boulevarden, VejleDevelopment: Four point blocks with smaller rental apartmentsTarget groups: Students, singles and couplesExisting property: Conversion in accordance with local plan 1368; the medical clinic remains as tenantTimeline: Expected move‑in at the start of the academic year in August 2027Parties: Joint venture between NRE Denmark A/S and A.F. Holding ApS
NRE Group provide high-quality turnkey real estate projects meeting the latest energy requirements. We create profitable and attractive solutions for everybody involved, adding value to real estate investments. The core of our business is construction work. We have the experience to be part of the entire process - from idea to hand-over - creating complete and efficient solutions.
IDEATION
In cooperation with the customer we examine needs and develop ideas, which form the basis for the best customer solution.
PERMITS
When the project has been designed, we obtain all necessary permits and liaise with the authorities.
CONSTRUCTION
As the turnkey contractor, we ensure that all subcontractors fulfil the agreed terms and that the project proceeds as planned.
SALE TO INVESTORS
When there is a need for external investors, we help bring together the right parties and create agreements beneficial to all.
RENTAL
We help to find the right mix of tenants and draft the agreements required for the project to succeed.
We keep our word, we build on trust and we maintain good relations.
A COMPETENT PARTNER
NRE Group A/S was founded in 2010. The company is based on more than 25 years of experience from the construction and real estate business in Denmark and Scandinavia. Our employees are our greatest assets - with many years of experience from construction and real estate development.
„With NRE as your partner, you get a professional and competent project team, focusing on the delivery of turnkey projects and striving to live up to the expectations of our customers.”
Director, Jacob Olesen
Our core values are the foundation of our business; they express what we believe in, and what we constantly strive to live up to. They describe our view of the world around us, and of ourselves.
Values
We put our customers first - they are our priority.
We keep it simple and clear for those involved.
What we say, we do.
We excedd agreed parameters, in terms of customer service, deadlines and quality.
We are conscious of costs in everything we do.
We maintain an ambitious and focused atmosphere with room for creativity and individualism.
We strive to create a collaborative and mutually supportive environment, and we continually endeavor to have the right people on our team.
History
NRE Group A/S was established in 2010 and is based on the experience and expertise we have gained during more than 25 years in the real estate business.
The history of the NRE Group dates back to 1972 with the foundation of the company Ikast Byggeindustri A/S - later known as IBI. Starting out as a traditional carpentry, IBI gradually became involved in larger and more complex construction projects. IBI's primary focus became project development and construction management for retailers. IBI established subsidiaries in Sweden, Norway and Finland and became the market leader in project development and construction of properties for retail. Furthermore, they played and important part within retail and office/domiciles. In 2006, IBI was sold.
Responsibility
At NRE Group we have chosen to have a conscious policy regarding our social responsibility in the world. It is important for us to show respect to the different relationships that we work with. We therefore always meet the latest quality and energy demands, and try to optimize the solutions we present to our partners.
We take responsibility for the world we live in by sponsoring humanitarian and charitable causes. At present we support the following key organizations:
NRE is based on expertise
and experience which we have gained during more than 25 years in the real estate business. Our goal is to exceed agreed parameters in terms of customer service, deadlines and quality.
Teamet
With a strong and well-functioning team solves NRE tasks throughout Denmark, Sweden and Norway.
We are always interested in hearing from qualified people. You are welcome to send us an unsolicited application or give us a call – and we may end up having chat over a cup of coffee. Perhaps one of our current vacancies fits your profile.
