Klövern Acquires in Copenhagen
Denmark Klövern has acquired an office property in Frederiksberg, Copenhagen, from Niam for an underlying property value amounting to MDKK 620 (EUR 83M).
"It is very gratifying that Klövern enters the Danish property market. It is positive that we as a basis for our establishment in Copenhagen get exposure in the form of a centrally located high-quality property with a long lease contract with a very reputable tenant", says Rutger Arnhult, CEO of Klövern.
The acquisition will primarily be financed with bank loans.
Transfer of possession is planned to take place on 1 February 2018.