About ÆRA

ÆRA is a Oslo-based investment firm specialised in pan-Nordic real estate lending opportunities. The firm was established by a team of seasoned industry experts with the shared vision to connect global capital with the Nordics whilst staying true to the region's local nuances with boots on the ground.

Our mission

To provide innovative and flexible real estate credit solutions across the Nordics, bridging the funding gap in commercial real estate finance while delivering consistent and superior returns for investors. We leverage deep local expertise, strong relationships, and a commitment to sustainability to empower borrowers and create value in the real estate debt market.

Our vision

To be the leading pan-Nordic real estate credit platform, recognized for our agility, excellence in execution, and ability to unlock value in underserved segments of the market. Aera aspires to redefine real estate lending by setting new standards of transparency, collaboration, and sustainability in private credit investments.

Our Team

Our team boasts over 70 years of combined experience across the region and globally. We understand the intricacies of the local real estate landscape and leverage our extensive knowledge to navigate complex financial scenarios effectively. With end-to-end transaction experience, our team are adept at managing diverse situations across the capital structure, ensuring that our clients receive comprehensive support tailored to their unique needs.

We pride ourselves on our collaborative approach, combining deep market insights with innovative financing solutions, making us a trusted partner in achieving successful outcomes within the Nordic real estate market.

Fabio Barbaro

Co-Founder / Co-CEO

Faisel Butt

Co-Founder / Capital Formation

Terje A. Pettersen

Co-Founder / Co-CEO

John Stene

Co-Founder / CFO

Fabio has over 10 years of pan-European real estate investing experience at major US private equity and hedge funds. Most recently spent 5 years scaling a pan-European first-time manager in London.

Terje has over 25 years of experience from leadership positions in Nordic corporate and investment banks focused on loan origination & structuring with extensive real estate experience. Most recently responsible for building a debt advisory business in the Nordics.

John has over 15 years of debt capital markets experience from Nordic corporate and investment banks focused primarily on Sweden and Norway with extensive experience from real estate financing. Most recently responsible for setting up an advisory business in the Nordics.

Faisel has over 20 years of capital raising experience in private and public assets strategies. Most recently headed Nordics coverage for International Investment manager.