"It supports PFA's property strategy of even more direct investment, and this type of property in the midst of an international metropolis is always attractive," explains PFA Michael Bruhn, Real Estate Director.
"There is very exciting mix, including international players in megatrends such as urbanization. There are really good opportunities for further optimization of the property, and we expect to get a good return to our customers through realization of the potential. The investment also gives us experience from a growing real estate market."
The property is purchased by PFA in partnership with Thor Equities. The area is about 4,800 sqm.
PFA Ejendomme Invest in Madrid High Street Retail
Denmark — PFA Ejendomme has invested in a retail property in Madrid.