CDC Investissement Immobilier, real estate asset management subsidiary of Caisse des Depots (French public institution), has successfully entered the Nordics by acquiring from Bellakvarter A/S two residential complexes totalling 13,400m2 and 182 units located in urban Copenhagen.
The properties, namely "Morchs Hus" and "Strunges Hus," are situated in the "Bella kvarter" area and were completed in 2022 and 2023. They are rated EPC A2020, the top local level, and are certified DGNB Gold. Fokus Nordic assisted CDC Investissement Immobilier with this off-market acquisition and will manage the assets.
"We are enthusiastic about our inaugural investment in Copenhagen and appreciate the quality and environmental performance of these 2 assets. The biggest Nordic cities are a key market in our panEuropean residential strategy and we look forward to developing our portfolio there,” stated Lucas Mignot, Head of International Investments at CDC Investissement Immobilier.
"This investment reflects the ambition for our core strategy, focusing on the best locations and buildings, in the main cities across Europe and on the main asset classes, including residential but also offices, hospitality, logistics and alternatives,” stated Arnaud Taverne, CEO at CDC Investissement Immobilier.
"We are thrilled to welcome CDC Investissement Immobilier to the Nordics and anticipate supporting their acquisition strategy for robust and sustainable assets throughout the region," remarked Tonny Nielsen, CEO / Partner at Fokus Nordic.
CDC Investissement Immobilier and Fokus Nordic were advised by Bruun og Hjelje, PWC and CBRE, and seller was advised by Solstra, Colliers and Gorrissen Federspiel.