The property has a total leasable area of ca. 4,300 sqm and is located in one of the main pedestrian streets in Copenhagen. The property is within a short walking distance from Nørreport Station (500 meters) and Kgs Nytorv (600 meters).
“We are very pleased with the acquisition of this unique property. As per our value-add strategy, our plan is to upgrade the property into modern high-street retail and office space”, comments Peter Gill, Investment Director at Capman Real Estate.
The property is the sixteenth acquisition of the EUR 425 million Nordic Real Estate II fund raised in 2017. The focus of the fund is to invest mainly in office, retail and residential properties located in established submarkets of major Nordic cities.
Capman Real Estate includes 38 dedicated professionals in the field of investment, asset management and property management. Capman’s current real estate volume under management is over EUR 2.5 billion.