The 81-unit property near Flintholm Station consists of 103 beds across approximately 30,000 square feet (2,723 square meters) of space, serving students enrolled at the Copenhagen Business School (CBS). Since acquiring the property in 2018, Angelo Gordon has made many upgrades to improve the overall student experience, including modernizing amenities, adding new rooms, and implementing “The Mark,” a defined residential concept that supported the transformation of the property by furthering the sense of community among the student population.
“We believe this transaction exemplifies Angelo Gordon’s ability to identify and execute on compelling investment and development opportunities in partnership with higher education institutions in Europe,” said Tracy DeBlieck, Managing Director, Europe Real Estate at Angelo Gordon. “We are pleased to have enhanced this property and created an accessible, best-in-class housing community for students, and we look forward to continuing to leverage our expertise and “The Mark” concept to add value to additional student housing properties in the region.”
Since launching its European real estate strategy in 2009, Angelo Gordon has established itself as one of the leading private investors in real estate across the region, including in Denmark, where it has assembled a growing portfolio of student housing properties together with local operating partner Square Meter ApS.
Nordanö served as the sell-side adviser to Angelo Gordon and Lund Elmer Sandager served as legal adviser. Keystone Investment Management served as the buy-side adviser to the Fund and Accura served as principal legal adviser.