Primevest Capital Partners (Primevest CP) has acquired a housing project in Roskilde in Denmark for approximately from MT Hojgaard Projektudvikling for €17m. The project is scheduled for completion in early spring 2023. The development will comprise five townhouses located at Kildegarden 1 offering a total of 35 apartments, ranging in size from 84 to 119m², of which five are penthouse apartments, each with its own rooftop terrace and balconies and the remainder apartments with two balconies. The scheme is centrally located in Roskilde within walking distance of the city centre and railway station. It is being developed by MT Hojgaard Projektudvikling in cooperation with Danielsen Architecture. Primevest Capital Partners’ Berlin office was responsible for the transaction. The sustainable building project will be DGNB Silver-certified and has been developed to blend with the local environment. Each apartment will have a dedicated parking area and four bicycle parking spaces will be created for every 100m² of living space.
Claudia Gerber, Senior Asset Manager at Primevest CP, said: “Primevest Capital Partners is acquiring in Roskilde after an absence of several years. This is a great quality project centrally located in a beautiful and traditional city, which we believe will appeal to different types of tenants, particularly young families. Our goal is to invest in contemporary affordable housing, better communication infrastructure and modern car parks to enable future-proof urban living, connectivity and mobility. We have the capital to invest in residential properties across Europe, including Denmark, to fulfil our clients’ growth ambitions.”
Lise M. Bakgaard, associate partner at Danielsen Architecture, added: “Our cooperation with Primevest will allow us to realise the architectural vision we had for this area and to create a diverse residential complex that ticks all the boxes in terms of future sustainability requirements. While we aim to meet the needs and desires of a modern family with this development, we also wanted to ensure that the architecture fits in with its surroundings and the historical context.”