The value of the construction is estimated to EUR 41M and the apartments are scheduled for occupancy in 2019.
 
“We experience an explosive development and growth and it means a lot for the city’s development that PKA has chosen to invest here,” says Ålborg’s mayor Thomas Kastrup-Larsen.
 
“PKA has in the last few years made large investments in Copenhagen and Århus properties, with the right conditions available. We can now see this in other cities such as Ålborg, which makes it very interesting for us to invest here,” says PKA’s Property Manager Nikolaj Stampe.
 
The investment in the 280 apartments is a part of a strategic cooperation between PKA and A. Enggaard from 2015.