Lilly Divests on Strøget for EUR 30M

Denmark Denmark The Amagertorv 19 property is divested to Switzerland based holding company Richemont.


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The Amagertorv 19 property. Image: Nybolig Erhverv
The Amagertorv 19 property.

Lilly is also a user of the property, that consists of 2,369 square meters distributed on retail and office spaces. There is also a development potential for apartment conversion.
“Through the divestment of Amagertorv 19 we see a continued trend where investors request properties by Strøget with development potential, where there for example is a possibility to optimize the business or convert offices to apartments,” says David Hauge, CEO at Nybolig Erhverv Køpenhavn.
Nybolig Erhverv København and Savills have been Lilly’s advisors in the divestment. Richemont’s advisor was Capital Investment. 

Maria Olsson Äärlaht

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