Arkitektgruppen and Nordic Real Estate Partners (NREP) plan almost 30,000 sqm residential newbuilding at Strandlodsvej near Amager Strand.
Prior to the transaction, the prominent Green Square building has served as home to an antiques dealer. In this location, a highly sought-after and more or less fully developed neighbourhood in close proximity of Amager Beach, domestic firm of architects Arkitektgruppen and NREP are joint developers of more than 29,000 sqm residential space with a minor element of commercial development.
Acting as sell-side adviser, Sadolin & Albæk mediated the sale.
”We saw a great deal of interest from both domestic and international investors and developers for this highly attractive development opportunity. No doubt, the transaction proves that the development of Copenhagen family housing continues to attract strong demand”, states Peter Winther, Partner and CEO of Sadolin & Albæk.
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