“We appreciate the trust shown to Catella by the venerable Carlsberg Foundation – the world’s first commercial foundation,” says Jesper Bo Hansen, Head of Catella Corporate Finance.
“I am very pleased that we have managed to reach agreement with three highly regarded Danish pension funds that have long-term investment profiles and extensive experience with property – an agreement that will continue the companies' real estate activities for the benefit of current and future tenants,” says Professor Flemming Besenbacher, Chairman of Carlsberg Foundation.
The buyers are PFA Pension (49%), Juristerne og Økonomernes Pensionskasse (34%) and Danske Civil- og Akademiingeniørers Pensionskasse (17%).
The properties have been owned by Carlsberg Foundation since before the Second World War.
“Real estate transactions are becoming increasingly complex, and we are determined to position ourselves as a leading financial advisor in today’s complex business environment – we want to be the link between property and finance. Any complex transaction requires the ability to closely interact and cooperate with other specialised advisors. The completion of this transaction was successfully secured through strong cooperation with Plesner, EY and DEAS,” says Jesper Bo Hansen.
Carlsberg divests to pension funds
Denmark —
Carlsberg Foundation divests six properties to a consortium of three Danish pension funds for € 148 M.
2016-04-20