With the addition of Datea, Newsec has some 1 400 co-workers, approximately EUR 39bn under management, every year signs lease agreements of some 600 000 square meters, manages transactions of more than EUR 3bn and does real estate valuations of underlying property worth more than EUR 100bn per year.
Going forward, Property Asset Management services will be provided in Denmark under the Newsec brand as Newsec Datea and Flemming B. Engelhardt will be the head of that business.
Newsec Acquires Danish Datea
Denmark — Newsec buys Datea, Denmark’s market leader within commercial real estate. The selling company, Dades, remains one of the biggest clients.
Maria Olsson Äärlahtmaria@nordicpropertynews.com