Heimstaden Continues to Grow in Copenhagen

Heimstaden buys in Valby.

Image: Heimstaden

Heimstaden Continues to Grow in Copenhagen

Denmark — Heimstaden, through its Danish subsidiary Heimstaden Danmark A/S, has entered into an agreement to acquire housing in the Valby district of Copenhagen.

2018-02-19

The property is purchased from Keystone Investment Management A/S. The acquisition includes a building containing 105 apartments that was built and completed in 2017.

The total surface amounts to about 9 500 square meters and the transaction value is around EUR 46M.

"Valby is one of Copenhagen's most dynamic neighborhoods. We have in recent years managed to buy a lot of real estate in the area, which gives us the management benefits," says Magnus Nordholm, EVP Heimstaden.

Gorrissen Federspiel has been Heimstaden's advisor in the transaction.

Maria Olsson Äärlaht

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