Niam has agreed to sell a property in Frederiksberg, Copenhagen, to Swedish listed real estate company Klovern. The 19,300 m² office and education property complex is fully let to CBS Copenhagen Business School.
Kristian Krogh, Senior Director Denmark says: “We have successfully completed our management initiatives ahead of schedule, and been able to sign a new long lease with CBS for their continued tenancy of the entire property. We are happy to be able to sell this prime asset to such a renowned and professional buyer, and to welcome Klovern to the Danish market”.
The transfer of possession is planned to take place on February 1, 2018. Catella Corporate Finance and Bruun & Hjejle Law firm acted as advisor to Niam.
