The project development group AG Gruppen is busy with the development of new homes and city districts throughout the country and in recent years has built many new homes in i.a. Copenhagen. Together with Lægernes Pension, a new city district is now being developed in a central location in Glostrup; a plot of almost 13,000 m2 which today houses Glostrup Butikstorv Diget and is close to the upcoming light rail station Glostrup Hospital. The agreement with Lægernes Pension is a joint venture agreement for the construction of more than 250 homes and a parking garage.

This is the first project that AG Gruppen and Lægernes Pension will build jointly, and AG Gruppen's CEO Robin Feddern welcomes the new agreement:

“We expect a lot from the new collaboration with Lægernes Pension. From the beginning, we have experienced a great deal of mutual respect and understanding between us, and I am sure that we will deliver a strong new housing project.“

“Glostrup is a municipality in rapid development, of which we look forward to being a part of. The upcoming light rail, a general expansion of the infrastructure and the development of new, exciting residential areas in the municipality will create a more cohesive, attractive and vibrant city and attract new residents to the municipality. We are very much looking forward to getting started with the work,“ he says.

RUM Arkitekter has prepared the concept paper for the project. The idea is to create a vibrant urban environment with attractive housing and a focus on community, green outdoor spaces, shopping and high quality housing. A project with more than 250 homes of varying sizes is planned, in order to address a wide range of young people, families and the elderly, and to create as much diversity as possible in the composition of residents. Like AG Gruppen's other development projects, the new homes will be certified for DGNB Gold, where i.a. increased flexibility, accessibility for all and a better indoor climate are highly valued.

“We look forward to working with AG Gruppen to create a new urban district in Glostrup, which emphasizes community and high housing quality. We trust the AG Group's extensive experience in the field and have therefore also chosen to be involved in the development process. The project helps to increase the long-term quality and sustainability of the pension fund's property portfolio,” says Jan Henrik Willard, head of alternative investments and shares in Lægernes Pension.

The joint venture agreement is subject to the approval of the competition authorities. In the process, the AG Group has been advised by Bruun & Hjejle, while Lægernes Pension has been advised by Bech Bruun.