NRE - Let's Build Together


Developing Smestad in cooperation with the citizen

29 February 2024

NRE and NorgesGruppen, together with partners, will develop Hoffsveien 92 and Sørkedalsveien 90 A and B - just south of the metro station. While the municipality is working on a new area regulation for Smestad, NRE is making good use of the waiting time. They have engaged the four architectural firms AART, Grape, Mad arkitekter and Reiulf Ramstad Arkitekter for an architectural competition for the property.The four proposals were exhibited at Smestad this week, and NRE has planned a close participation process, when the property is to be converted.- We want the public's help in creating a project that contributes to strengthening the central Smestad area as a neighborhood centre, says Jeanette Bratt, head of development at NRE.The development in the area will create new meeting places, shops and beautiful apartments.- We strongly believe that Smestad as a destination can become something more than it is today. And the four architectural proposals show the great potential this property has. We want to develop a project with a varied trade and service offer, which helps to create more meeting places in an inviting and pleasant urban space. Therefore we would very much like to hear what people in the neighborhood want, she continues.On the website, the public can explore the four architectural proposals. Here you can vote for your favorite, answer a survey and submit longer posts.The participation process will be included in the assessment when the winner of the architectural competition is chosen. This gives the public a unique opportunity to influence development at Smestad. ExhibitionParticipation takes place both digitally and on the property. The architectural proposals are exhibited in Hoffsveien 92 throughout February and March. And the exhibition is open to the public. Here you can see the projects in larger formats and go in-depth with conversations with the development manager.- We would like to have lots of visitors and we look forward to meeting the residents, says Bratt.NRE, in collaboration with several partners, is behind Smestad Sentrum. The property was purchased in the summer of 2023 in a transaction facilitated by Fearnley Securities. Managing director Allan Sønderbæk from NRE talked at the time about the plans to manage the property pending final area regulation for Smestad, and then to regulate and develop a combined residential and commercial project.Although development of the property with new homes and businesses is the goal, there is also a great desire to contribute to a more vibrant Smestad, - also while the development is in the planning phase.- We have signed a contract with Joker, who will open a 300 square meter store in Sørkedalsveien 90A. We are opening the facade and establishing a new entrance towards the subway station. PBE gave framework permission last week, and the work will start soon, says Allan Sønderbæk. 

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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.


    In cooperation with the customer we examine needs and develop ideas, which form the basis for the best customer solution.


    When the project has been designed, we obtain all necessary permits and liaise with the authorities.


    As the turnkey contractor, we ensure that all subcontractors fulfil the agreed terms and that the project proceeds as planned.


    When there is a need for external investors, we help bring together the right parties and create agreements beneficial to all.


    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.

Who we are


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.



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.


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.


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.



With a strong and well-functioning team
solves NRE tasks throughout Denmark, Sweden and Norway.

Be a part of the team

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.


NRE Group A/S, NRE Denmark A/S and NRE Real Estate A/S
CVR: 29800758 / 30488512 / 31175410
Finsensvej 3
DK-7430 Ikast

Tlf: +45 87 12 49 50

NRE Copenhagen A/S
CVR: 40074511
World Trade Center Ballerup
Borupvang 3
DK-2750 Ballerup

Tlf: +45 87 12 49 50

Invoices should be sent in pdf-format to:


NRE Sweden AB
Solna Business Park
Englundavägen 7D
17 141 Solna

Tel: +46 (0)70 328 89 50


NRE Norway AS
Karenslyst Allè 2
0278 Oslo

Tel: +47 40 00 50 32