Two of the properties, VAT83 and Telefonvej, are in Gladsaxe, just northwest of Copenhagen. VAT83 is a modern, flexible and sustainable multi-user property with a DGNB Silver environmental certification. The anchor tenants are AGC Biologics, Lenovo and TEVA. Telefonvej is a fully let office and fitness property with Fitness World and Thales Denmark as the main tenants.
The third property in the portfolio, Nybrovej, is situated in Lyngby. With its ~10,000 sqm lettable area, it offers the tenants a fully refurbished, flexible and sustainable domicile office property. It is DGNB Silver environmentally certified and the anchor tenant is Danish Building and Property Agency.
Michael Berthelsen, Country Manager, Denmark, at Niam says:
“We purchased these properties seven years ago and have succeeded in getting credible tenants in both VAT83 and Nybrovej as well as having the properties certified according to DGNB classification. We have now divested the properties to NREP who will continue to manage them and its tenants responsibly.”
Anders Østergaard Hansen, Head of Office investments NREP, says:
”We look forward to meeting the existing tenants in the portfolio to hear about their plans and needs, which we look forward to finding solutions to. Flexibility and customer orientation are key words for us and the cornerstones of NREP's new office brand Woods.”
Anders also thanks Niam for a good collaboration with the deal.
”Niam has been skilled and professional at all times, and we are confident that the buildings and tenants have been treated well and we are proud to continue their good work,” says Anders Østergaard Hansen.