Vestas to Sell and Lease Back Aarhus HQ Buildings

Denmark — Solstra Capital Partners and Sampension will buy the two headquarters buildings at Hedeager 42 and Hedeager 44, with Vestas leasing back Hedeager 42 in its entirety and parts of Hedeager 44.

2017-02-16

The headquarters measure 62,000 sqm and the transaction price is MDKK 737 (EUR 99M).

The sale and leaseback arrangement reflects Vestas’ strategy of managing its real estate holdings flexibly and efficiently. Vestas’ corporate headquarters will remain at Hedeager 42 in Aarhus, Denmark.

Axel Ohlsson

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