World Trade Center to be built in Copenhagen (DK)

Danish developer Sjælsø Gruppen has in November 2005 obtained the rights to build a World Trade Center in Copenhagen.

The development with a total floorage of 125,000 m² will comprise 3 high-rise tower blocks of 20 floors each, with the rest of the building between 7 and 9 floors in height. The project is being designed by the world famous Danish architect Kim Utzon and will cost about €530 mln.

Commenting on the World Trade Centre Copenhagen, Ib Henrik Rønje, CEO of Sjælsø Gruppen said: "As Sjælsø Gruppen's ambition is to
be involved in the further development of Copenhagen, we have acquired the rights to build a World Trade Centre in Denmark. As a natural consequence of globalisation and Copenhagen's role
as a bridgehead to the Scandinavian and Baltic market, we believe in the opportunity of establishing a new and different real estate concept in Ørestad. A World Trade Centre will incorporate many new and unique facilities."

The World Trade Center will be built over a period of 5-10 years in Ørestad, the new urban development located between Copenhagen city and the Kastrup airport.

Source: Sjælsø Gruppen

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