Heimstaden Makes New Danish Acquisition – Forms JV
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.
The total area is approximately 8,000 sqm and the transaction value amounts to approximately MDKK 190. The transaction takes place through acquisitions of companies and is planned to be financed with own cash and mortgage financing.
"Roskilde as a city is in an expansive phase and we see this densification project as a very good addition to our portfolio. We are also pleased that together with KPC, a developer whom we have learned in recent years, come in earlier in the development process and actively contribute to the design and continue to develop the city together," says Magnus Nordholm, deputy CEO of Heimstaden.