Greykite, the London-based European real estate investment firm, has announced the launch of Danske Homes, a new purpose-built single-family rental (SFR) platform in Denmark, with the acquisition of approximately 300 homes across two key sites in Aarhus. The deal is part of a joint venture with Brunswick Real Estate, a leading Nordic investor and investment manager. The land was acquired from Trim Udvikling ApS.
Targeting high-demand micro-locations in Trige and Lisbjerg, the project is set to deliver high-quality homes close to top-tier education, transit, and employment infrastructure. The acquisition directly addresses a widening supply-demand gap in Aarhus, Denmark’s second-largest city, where vacancy sits at just 1.4% and new home delivery lags behind European averages at fewer than 6 homes per 1,000 residents. For developers, this opens a window into one of Europe’s most underbuilt residential markets, supported by strong economic indicators and a highly educated workforce.
“Danske Homes marks an important milestone in GREYKITE’s growth across Continental Europe, being the Fund’s sixth investment platform, and is a strategy that aligns with our focus on building durable platforms in places where there is real, unmet demand,” said Michael Abel, Founder and CEO of Greykite. “We see strong, long-term potential in the Danish housing market, and Aarhus stands out as a city where the fundamentals, demographics, employment, and infrastructure support a high-quality, purpose-built rental community.”
The homes, expected to cover roughly 30,000 m², are part of Greykite’s broader push into alternative real estate sectors. This transaction marks the sixth strategy in the firm’s European Real Estate Fund I, which also includes data centres, logistics, student housing, and multi-let industrial assets. Greykite recently launched Uniqhomes, its UK-based SFR platform, now spanning over 1,000 homes.
“Building on our significant single-family experience and presence in the UK, we are excited to announce this partnership with Brunswick,” added Dan Valenzano, Senior Partner at Greykite. “This joint venture allows us to leverage local market dynamics while meeting the growing demand for high-quality housing in a region with strong fundamentals.”
With Denmark’s unemployment rate at 2.6%, far below the EU average, and national GDP showing consistent stability, the region has become a magnet for long-term real estate capital. Investors will find added appeal in the JV’s focus on modern, purpose-built homes tailored to today’s renter needs, a segment still nascent in Denmark but poised for structural growth.
People mentioned:
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Michael Abel, Founder and CEO, Greykite
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Dan Valenzano, Senior Partner, Greykite
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David Hävermark, Partner and CIO, Brunswick Real Estate
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Kristina Alderin, Partner and Strategy Lead, Brunswick Real Estate
Companies mentioned and roles:
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Greykite – Investment platform launching Danske Homes
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Brunswick Real Estate – JV partner and residential market specialist
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Trim Udvikling ApS – Seller of the Aarhus development sites
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