Europa Capital and Keystone have completed on the corporate sale of a block comprising 66 newly built residential units in the Copenhagen suburb of Valby to Formuepleje Ejendomme.
In September 2015, Europa Capital made a commitment to the purchase of 367 residential units across five buildings in Copenhagen from DFE. Sales of four of the five buildings have now been achieved, with respective completions taking place in June 2017, February 2018, and this most recent in March 2018.
Hugo Black of Europa Capital said: “Throughout our commitment to this investment, we have seen the suburb of Valby mature and attract a growing demand from residents. We will continue supporting this trend through active management on our remaining Valby assets held across EuropaFunds IV & V.”
