NCC to Build 235 Student Apartments in Aarhus

Denmark Denmark NCC has been commissioned by the housing development company KONstruct to build 235 rental apartments for students and a café on Gøteborg Allé in Aarhus, Denmark. The investor is the Gøteborg Allé 7 ApS investment company. The order value is approximately SEK 340 million.

2018-08-06

Share via e-mail

“We are extremely pleased with this agreement, in which we will be building for the growing group of students moving to Aarhus to live and study,” says Nicolai Schultz, Department Manager at NCC Building in Denmark.

Every year, Aarhus gains around 4,000 new residents. There are already three buildings with student residences in the area around Gøteborg Allé, but the waiting times are long and sales of small and midsize housing units in Aarhus are high.

The contract is a milestone for KONstruct, since the construction is the company’s largest development project so far. Established over three years ago, KONstruct focuses on housing development in Copenhagen and Aarhus.

“Developing this project together with a competent collaborating partner who knows the best methods for project design has been crucial for us,” says Ole Vistisen, CEO of KONstruct.

The apartments will be built in a modern style, and can be shared by several tenants in order to keep rental costs for students down. The majority of the apartments will be under 75 square meters, with separate bedrooms and a shared kitchen and living room. Construction start is scheduled for September 1, 2018, and the apartments are expected to be finished during the summer of 2020. 




Axel Ohlsson
axel@nordicpropertynews.com




Pensam Looks to Acquire Gabriel Ejendomme

Denmark Denmark In March 2016, management started the process of selling the subsidiary Gabriel Ejendomme A/S. Gabriel Holding A/S has today signed a Letter of Intent with the pension group Pensam with a view to selling the entire share capital of its fully-owned subsidiary Gabriel Ejendomme A/S.


Gefion Looks to Acquire Victoria Properties

Denmark Denmark Gefion Group A / S has just announced that it will submit a takeover bid to the shareholders of the listed property company Victoria Properties A / S. The plan is to create an operating company with a significant property portfolio.

Facebook Plans for Large Centre in Esbjerg

Denmark Denmark Facebook is planning for a 250,000 data centre in Esbjerg.

Heimstaden Makes New Danish Acquisition – Forms JV

Denmark Denmark Heimstaden, through its Danish subsidiary Heimstaden Danmark A/S, has partnered with project development company KPC regarding the acquisition and construction of the Slagterigrunden project, a project property in Roskilde.

Skanska Invests EUR 55M in Copenhagen Office Project

Denmark Denmark Skanska has started the first phase of the office complex Cph. Highline at Havneholmen in Copenhagen, representing an investment of MDKK 412 (EUR 55M).


Generali Makes Danish Entry

Denmark Denmark Generali Real Estate S.p.A. has completed, on behalf of Generali Group’s GEIH (Generali Europe Investments Holding) Fund, the acquisition of a prime high-street retail asset in central Copenhagen.

Bonava Divests Copenhagen Project

Denmark Denmark Bonava is selling a rental project in the Køge Kyst district outside Copenhagen, Denmark. The purchaser is the PFA Ejendomme A/S pension fund, and the transaction covers two projects with a total of 137 rental apartments.

Niam Sells to Pensam

Denmark Denmark Niam sells a 42,000 sqm office property in Copenhagen to the Danish pension fund Pensam.

Slaughterhouses to Become Apartments

Denmark Denmark Danish Crown sells a slaughtering ground to Skive Municipality. The slaugtherhouses are to be converted into apartements.

Sehested Group Becomes Part of CBRE

Denmark Denmark As of 1 November 2018, Sehested Group becomes part of CBRE.