Catella has acted as financial advisor to Carlsberg Byen P/S, in a joint mandate with Carnegie Investment Bank, in the procurement of construction financing of €325M for the next phase development of up to 125,000 sqm in the Carlsberg City District.

Carlsberg Byen P/S is owned by the strong institutional consortium Realdania, PFA, PenSam, Topdanmark and Carlsberg.

“The agreement with PKA finances the next large phase, which we will develop in the Carlsberg City District. We are already far in the first phase, so I am very satisfied that PKA can to see the visions and credibility in our project, and has decided to provide a billion sized credit facility, which supports the momentum for the coming years,” says Jens Nyhus, CEO, Carlsberg Byen P/S.

"We highly appreciate the trust and debt advisory mandate given to Catella by Carlsberg Byen. We have been able to swiftly secure a well-suited, tailor made construction financing solution to our client by tapping into the institutional capital market. In the current market environment, Catella is well positioned for this kind of mandate, after many years with strong focus on being a true Corporate Finance advisor in the real estate industry. It is in line with our ambition of being the Link between property and finance,” says Jesper Bo Hansen, Head of Corporate Finance at Catella.

The Carlsberg City District is one of the most attractive and exciting inner-city regeneration projects in Northern Europe. The entire Carlsberg City District will comprise approximately 600,000 sqm of new development and redevelopment of existing buildings containing 3,000 owner-occupied apartments and a substantial commercial floorage.