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A modern life in a historic city

Modern residential living in one of Europe’s fastest-growing capitals.

About us

Sofia Residential works across the residential real estate value chain in Sofia — from acquisition and development to completed residential properties and long-term operations.

With a focus on:

Modern residential properties in central Sofia, Bulgaria’s capital

Attractive locations with strong long-term potential

Functional, contemporary homes designed for modern city living

Our projects are made possible through long-term partnerships and a strong operational foundation in the market.

Read more about our biggest investment in Sofia Residential Development.

Sofia Drives Growth

The Bulgarian economy continues to develop, with Sofia at the center of that growth. Rising housing prices are supported by increasing salaries, a growing middle class, and a larger number of highly skilled jobs in the capital. As Sofia continues to attract international companies, talent, and investment, demand for modern housing remains strong.

Housing Prices

50% increase
over five years

Salaries

50% increase
over five years

Unemployment Rate

4% for 2025

 

Average Share of Income
Spent on Housing

< 20%

 

EU Investments
in Bulgaria

DKK 215 billion
for 2021-2027

Organization

The Board of Directors of SR BG ApS consists of two members and is responsible for overseeing the Company’s overall direction and strategic development.

The Management is responsible for the day-to-day operations of the Company, including the management and operation of its residential portfolio in Sofia.

The Company’s CEO is Nanna Hollænder.

Contact us

Jacob Augustinus Bagger

CEO

Jacob is a senior executive and Structural Engineer with more than 20 years of experience in the construction and real estate industry. His background spans the full value chain, having held leadership roles as a design and build contractor, consultant, and client representative.

He has extensive experience in executive and strategic leadership, successfully leading and developing organizations across multiple management levels, professional disciplines, and specialist functions. Jacob has a proven track record of delivering business transformations and turnaround programmes, creating lasting value through strategic change, operational excellence, and disciplined execution. His expertise includes executive leadership, commercial and contract management, procurement, negotiation, organizational development, and translating strategic ambitions into measurable business results. He is recognised for building strong stakeholder relationships and leading complex projects and organizations with a clear commercial and strategic focus.

In addition to his executive responsibilities, Jacob has gained board-level experience within the real estate sector, contributing to strategic direction and sound corporate governance. His combination of technical insight, commercial acumen, and leadership experience enables him to support clients and organizations in navigating complexity, driving sustainable growth, and delivering long-term value.

Henrik Hedegård Lyhne

Chairman

Henrik Hedegård Lyhne is an experienced legal and business professional specializing in corporate law, governance, and strategic management. Formerly a partner at NJORD Law Firm, he focused on M&A, company law, and board advisory. Since January 2025, he has dedicated his career to board work, holding chairmanships and board positions across Danish industrial, real estate, and investment companies, including Papirfabrikken Invest A/S, Dahl-Nielsen Holding ApS, and Dantra Holding A/S.

RELEVANT WORK EXPERIENCE

Chairman

Maskinfabrikken Silkeborg Spåntagning A/S

Education

Master degree in law
Arhus University

Jesper Mølgaard Jensen

Board Member

Jesper Mølgaard Jensen is a real estate executive and business professional with over a decade of experience in property management, acquisitions, and large-scale renovations. He is co-owner of Castor Properties and Managing Director of Digi Kiosk, a fast-growing Scandinavian B2B company recognized with the 2024 Børsen Gazelle award.

Previously, he served as Marketing Director at Modulex A/S and has a background in finance, with experience from private equity and investment firms working on M&A, strategy, and business analysis. Jesper holds an MSc in Finance from Aarhus School of Business and combines expertise in real estate operations, commercial analysis, business development, and marketing.

Education

M. Sc. Finance
Aarhus School of Business

B. Sc. Economics and business administration
Aarhus School of Business

Jakob Venø Schougaard

Board Member and CEO

Jakob Venø Schougaard has extensive experience within leadership, financing, and real estate. Throughout his career, he has worked with strategy, partnerships, business development, and operational optimisation, with a strong focus on creating long-term value and supporting sustainable growth across organisations and real estate platforms.

Education

Business Administration and Organization,
Aarhus Business School

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