The property, originally from 1975, underwent extensive renovation in 2013, has a total office area of 5,579 sqm and is fully leased to three tenants: Delacour Advokatpartnerselskab, Handelsbanken and Nybolig.
The investment is Pension Danmark's fourth direct investment in Aarhus in the commercial area. The other three are Skejby Company House (multi-user property) and two properties in central Aarhus, respectively Magasin department store and the headquarters for BDO Denmark.
"We are very pleased with this investment, which complements our strategy to diversify our real estate investments geographically. This is an attractive property in a good location within walking distance of the light rail. We expect that the investment will provide good and stable returns," says Torben Pedersen Möger, CEO of Pension Danmark.
Pension Danmark Buys Another Property in Aarhus
Denmark —
Pension Danmark has acquired a commercial property in Aarhus for MDKK 151 (EUR 20M). It is Pension Danmark's fourth direct investment in Aarhus.
2016-10-20
Axel Ohlsson
[email protected]