Connecting people
and property
Connecting people
and property
Three Lakes Capital is a Danish real estate investment and asset manager founded with the ambition of delivering superior risk-adjusted returns for investors while creating value for all stakeholders.
We take a product- and data-driven investment approach, rooted in deep local expertise, with a focus on diligent asset selection and active asset management.
Three Lakes Capital is a Danish real estate investment and asset manager founded with the ambition of delivering superior risk-adjusted returns for investors while creating value for all stakeholders.
We take a product- and data-driven investment approach, rooted in deep local expertise, with a focus on diligent asset selection and active asset management.
What we do
Three Lakes is an expert in real estate investment and advisory - blending institutional quality with local expertise. We offer three core services that work closely together to create value and maximize returns for our investors.
Investment Management
Investment Management
Investment Management
Investment Management
Asset Management
Asset Management
Asset Management
Transaction Advisory
Transaction Advisory
Transaction Advisory
Our approach
A structured approach to value creation across all phases of the investment life cycle, from sourcing to exit:
Investment Strategy
& Asset SelectionThematic investing in quality assets, focusing on markets and segments supported by structural tailwinds from economic and demographic trends. In-depth analysis of local end-user needs to select and optimize properties with outsized growth potential.
Sourcing
Experienced team with an extensive network and proven ability to source attractive opportunities off-market. Significant local knowledge and understanding of the latest transaction market dynamics.
Transaction Management
Team with a combined transaction experience of DKK 23bn from leading industry players and a holistic approach to due diligence and transaction execution.
Active Asset
ManagementHighly digitized and data-driven asset management platform with transparent investor reporting. Product-driven approach to optimizing building layouts and operations to meet end-user needs.
Exit Strategy
Continuous evaluation of optimal exit timing and strategy to harvest maximum upside for each asset, based on years of sell-side advisory experience.
Investment Strategy
& Asset SelectionThematic investing in quality assets, focusing on markets and segments supported by structural tailwinds from economic and demographic trends. In-depth analysis of local end-user needs to select and optimize properties with outsized growth potential.
Sourcing
Experienced team with an extensive network and proven ability to source attractive opportunities off-market. Significant local knowledge and understanding of the latest transaction market dynamics.
Transaction Management
Team with a combined transaction experience of DKK 23bn from leading industry players and a holistic approach to due diligence and transaction execution.
Active Asset
ManagementHighly digitized and data-driven asset management platform with transparent investor reporting. Product-driven approach to optimizing building layouts and operations to meet end-user needs.
Exit Strategy
Continuous evaluation of optimal exit timing and strategy to harvest maximum upside for each asset, based on years of sell-side advisory experience.
Investment Strategy
& Asset SelectionThematic investing in quality assets, focusing on markets and segments supported by structural tailwinds from economic and demographic trends. In-depth analysis of local end-user needs to select and optimize properties with outsized growth potential.
Sourcing
Experienced team with an extensive network and proven ability to source attractive opportunities off-market. Significant local knowledge and understanding of the latest transaction market dynamics.
Transaction Management
Team with a combined transaction experience of DKK 23bn from leading industry players and a holistic approach to due diligence and transaction execution.
Active Asset
ManagementHighly digitized and data-driven asset management platform with transparent investor reporting. Product-driven approach to optimizing building layouts and operations to meet end-user needs.
Exit Strategy
Continuous evaluation of optimal exit timing and strategy to harvest maximum upside for each asset, based on years of sell-side advisory experience.
Investment Strategy
& Asset SelectionThematic investing in quality assets, focusing on markets and segments supported by structural tailwinds from economic and demographic trends. In-depth analysis of local end-user needs to select and optimize properties with outsized growth potential.
Sourcing
Experienced team with an extensive network and proven ability to source attractive opportunities off-market. Significant local knowledge and understanding of the latest transaction market dynamics.
Transaction Management
Team with a combined transaction experience of DKK 23bn from leading industry players and a holistic approach to due diligence and transaction execution.
Active Asset
ManagementHighly digitized and data-driven asset management platform with transparent investor reporting. Product-driven approach to optimizing building layouts and operations to meet end-user needs.
Exit Strategy
Continuous evaluation of optimal exit timing and strategy to harvest maximum upside for each asset, based on years of sell-side advisory experience.
Team
Founding Partners with 25 years of experience and a DKK 23bn transaction track record from leading industry players.
Anne Sofie
Founding Partner
Anne Sofie Vett Raaschou co-founded Three Lakes after serving as Investment Director at Nrep, where she was part of the Danish Investment Leadership Team and led numerous high-profile real estate investments.
With over 15 years of real estate experience and a transaction track record of DKK 16bn, she brings deep expertise in investment strategy and execution. Before Nrep, she held key roles at Pears Global Denmark, Sadolin & Albæk Capital Markets (Colliers), and Maersk.
Anne Sofie holds a MSc from Copenhagen Business School and Bocconi University, earning a double degree with CEMS.
Anne Sofie
Founding Partner
Anne Sofie Vett Raaschou co-founded Three Lakes after serving as Investment Director at Nrep, where she was part of the Danish Investment Leadership Team and led numerous high-profile real estate investments.
With over 15 years of real estate experience and a transaction track record of DKK 16bn, she brings deep expertise in investment strategy and execution. Before Nrep, she held key roles at Pears Global Denmark, Sadolin & Albæk Capital Markets (Colliers), and Maersk.
Anne Sofie holds a MSc from Copenhagen Business School and Bocconi University, earning a double degree with CEMS.
Anne Sofie
Founding Partner
Anne Sofie Vett Raaschou co-founded Three Lakes after serving as Investment Director at Nrep, where she was part of the Danish Investment Leadership Team and led numerous high-profile real estate investments.
With over 15 years of real estate experience and a transaction track record of DKK 16bn, she brings deep expertise in investment strategy and execution. Before Nrep, she held key roles at Pears Global Denmark, Sadolin & Albæk Capital Markets (Colliers), and Maersk.
Anne Sofie holds a MSc from Copenhagen Business School and Bocconi University, earning a double degree with CEMS.
Anne Sofie
Founding Partner
Anne Sofie Vett Raaschou co-founded Three Lakes after serving as Investment Director at Nrep, where she was part of the Danish Investment Leadership Team and led numerous high-profile real estate investments.
With over 15 years of real estate experience and a transaction track record of DKK 16bn, she brings deep expertise in investment strategy and execution. Before Nrep, she held key roles at Pears Global Denmark, Sadolin & Albæk Capital Markets (Colliers), and Maersk.
Anne Sofie holds a MSc from Copenhagen Business School and Bocconi University, earning a double degree with CEMS.
Christopher
Founding Partner
Christopher Aandahl co-founded Three Lakes after playing a key role in Nrep’s Danish real estate investment team, where he executed several landmark deals.
With over seven years of real estate experience at Three Lakes, Nrep and Catella Corporate Finance, Christopher has led transactions totaling more than DKK 7bn, both as an investor and advisor.
He holds a BSc in Economics and Business Administration from Copenhagen Business School during which he spent two years in management consulting at Kearney, and studied at Bocconi University in Italy.
Christopher
Founding Partner
Christopher Aandahl co-founded Three Lakes after playing a key role in Nrep’s Danish real estate investment team, where he executed several landmark deals.
With over seven years of real estate experience at Three Lakes, Nrep and Catella Corporate Finance, Christopher has led transactions totaling more than DKK 7bn, both as an investor and advisor.
He holds a BSc in Economics and Business Administration from Copenhagen Business School during which he spent two years in management consulting at Kearney, and studied at Bocconi University in Italy.
Christopher
Founding Partner
Christopher Aandahl co-founded Three Lakes after playing a key role in Nrep’s Danish real estate investment team, where he executed several landmark deals.
With over seven years of real estate experience at Three Lakes, Nrep and Catella Corporate Finance, Christopher has led transactions totaling more than DKK 7bn, both as an investor and advisor.
He holds a BSc in Economics and Business Administration from Copenhagen Business School during which he spent two years in management consulting at Kearney, and studied at Bocconi University in Italy.
Christopher
Founding Partner
Christopher Aandahl co-founded Three Lakes after playing a key role in Nrep’s Danish real estate investment team, where he executed several landmark deals.
With over seven years of real estate experience at Three Lakes, Nrep and Catella Corporate Finance, Christopher has led transactions totaling more than DKK 7bn, both as an investor and advisor.
He holds a BSc in Economics and Business Administration from Copenhagen Business School during which he spent two years in management consulting at Kearney, and studied at Bocconi University in Italy.
Morten
Investment Analyst
Morten Vollan Andreassen works as Investment Analyst at Three Lakes, where he supports research, analysis, and execution across the firm’s investment activities.
Before joining Three Lakes, Morten worked at DNB Finance, where he gained experience in credit risk assessment, asset financing, and financial reporting. Earlier, he served in the Norwegian Armed Forces.
Morten holds a BSc in Business Administration from BI Norwegian Business School and is currently pursuing an MSc in Applied Economics and Finance at Copenhagen Business School.
Morten
Investment Analyst
Morten Vollan Andreassen works as Investment Analyst at Three Lakes, where he supports research, analysis, and execution across the firm’s investment activities.
Before joining Three Lakes, Morten worked at DNB Finance, where he gained experience in credit risk assessment, asset financing, and financial reporting. Earlier, he served in the Norwegian Armed Forces.
Morten holds a BSc in Business Administration from BI Norwegian Business School and is currently pursuing an MSc in Applied Economics and Finance at Copenhagen Business School.
Morten
Investment Analyst
Morten Vollan Andreassen works as Investment Analyst at Three Lakes, where he supports research, analysis, and execution across the firm’s investment activities.
Before joining Three Lakes, Morten worked at DNB Finance, where he gained experience in credit risk assessment, asset financing, and financial reporting. Earlier, he served in the Norwegian Armed Forces.
Morten holds a BSc in Business Administration from BI Norwegian Business School and is currently pursuing an MSc in Applied Economics and Finance at Copenhagen Business School.
Morten
Investment Analyst
Morten Vollan Andreassen works as Investment Analyst at Three Lakes, where he supports research, analysis, and execution across the firm’s investment activities.
Before joining Three Lakes, Morten worked at DNB Finance, where he gained experience in credit risk assessment, asset financing, and financial reporting. Earlier, he served in the Norwegian Armed Forces.
Morten holds a BSc in Business Administration from BI Norwegian Business School and is currently pursuing an MSc in Applied Economics and Finance at Copenhagen Business School.
transaction track record (DKK)
years of experience
News
12 Nov 2025
Estate Media: 35 under 35 - the top talents in Danish real estate
Founding Partner in Three Lakes, Christopher Aandahl, has been recognized on the prestigious “Ung I Ejendom” talent list in 2025
25 Feb 2025
Nordic Property News: Former Nrep duo launches new company
In response to some of the most attractive market opportunities in Denmark seen since the GFC, Christopher Aandahl and Anne Sofie Vett Raaschou launched Three Lakes Capital.
17 Feb 2025
Estate Media: Launching Three Lakes Capital
A foreign mandate: The international investors are coming back
Three Lakes Capital ApS
Hauser Plads 20
1127 Copenhagen K
Denmark
CVR number: 45238687
©2025 Three Lakes
