HLM Foundation II takes over Emil Pipers Vej 12-18, 23-39 and 34-38 in Kongens Lyngby on 1 March. The properties were built in 1935 & 1937 and make up a total area of 5,136 sqm, which is divided into 77 homes all bright and well-appointed and with a balcony.

The properties are located in central Lyngby with walking distance to S-station and the city center's many shops, cafes and restaurants.

In the same area is Pipers Park with a green area where there are playgrounds and the opportunity for barbecues.