Europa Capital and Keystone have acquired a portfolio of office and residential assets within the Copenhagen suburb of Valby, for €178m. The investment is made up of two separate transactions forward-purchased from De Forenede Ejendomssekskabe.
The portfolio includes four residential blocks comprising 318 units, and six office buildings comprising 24,989m² that have largely been refurbished to a high quality with occupancy currently of 81%. These assets are located adjacent to Europa Fund IV’s residential investment, which comprises 357 units.
Hugo Black of Europa Capital said, "The Valby residential accommodation will help towards alleviating the supply constraint pressures in the capital city, which have been created by a growing populous”.
