Prince Joachim sells his castle

The prince and his wife hand over Schackenborg Castle to a new fund that he owns a stake in

July 1st, 2014 4:13 pm| by admin
facebooktwittergoogle_pluspinterestmail

Prince Joachim, the younger son of Queen Margrethe, has given up on his life as a farmer in southern Jutland and sold Schackenborg Castle to a new fund he has created in the name of his now former home, the Royal House announced today.

The 45-year-old prince and his wife, Princess Marie, will move to Copenhagen where most of his family resides. 

Tough decision
"Princess Marie and I are happy about our solution with the founders of the new fund," Prince Joachim said in a press release.

"It's been a difficult decision to sell Schackenborg, but I'm convinced that this solution is the best way to ensure the future of the castle."

Staying at Amalienborg
The couple will live at the queen’s castle in Amalienborg until they find their own place.

"It's still too early to say where in the Copenhagen area Prince Joachim and Princess Marie want to live, but the couple will move into their residence at Amalienborg Castle at first. The move will happen this summer," said Lord Chamberlain Ove Ullerup.

Lived in Schackenborg with first wife
Some 113 million kroner has been invested to establish the Schackenborg Fonden – Prince Joachim has himself invested 13 million kroner, the same amount he was granted to renovate the castle when he moved into Schackenborg in 1995 with his first wife Alexandra.

Prince Joachim is sixth in the line to inherit the Danish throne, following his elder brother Crown Prince Frederik and Frederik’s four children.

KidsCorner_horse and cart
Inout Kids corner: Fresh-air crafty critters (someone’s been telling porkie pies!)
Where can you spend all day letting off steam after being cooped back up at...
The founder of Copenhagen would be proud of the principles of this new establishment (Photo by Ib Rasmussen)
Prospects of the City: Celebrating a space where community can flourish
In which the prospector rejoices that even in this day and age of climatic ...
(Photo by Nan Palmero)
Early-September Music: Like a ‘Six Feet Under’ soundtrack
Sep 9; 20:00; Pumpehuset; 200kr Currently on a European tour to promote ...
Judge it once you've seen how all the different pieces fit together (Photo by iStock)
Kindergarten ops! Discover the wonders of daycare on a guided tour
Would you like to learn more about the way children are taken care of and e...
(Photo by Karla Hamilton)
Out & About: Bargain books, barnstorming burgers and British beauties by the box-load!
British ambassador Vivien Life was among the many who descended on the St A...