Scottish investor buys third of retail space in Carlsbeg City

Aberdeen Asset Management purchases 7,250 sqm of properties

Lucie Rychla

The Scottish capital fund Aberdeen Asset Management has bought 20 properties – a total of 7,250 sqm – in the retail area of the new district of Carlsberg Byen (Carlsberg City) in Copenhagen.

The parties did not wish to disclose the sales price.

The purchased stores make up a third of the planned retail zone in the district, which also includes 32 apartments that have been built during the first stage of the development project.

READ MORE: Copenhagen opens probably the best commuter train station in the world

A total of 500 housing units will be built in the zone under the current local plan, and more shops and restaurants will be added during the next stage in 2019-2020.

When finished (sometime in 2024), the entire Carlsberg Byen will spread across 600,000 sq metres and offer 3,000 new apartments.

The total cost of the development of the old district is estimated to reach 14-16 billion kroner, according to Jens Nyhus, the CEO of Carlsberg Byen.

The project is financed by Carlsberg, Realdania, PFA, Topdanmark and Pensam.

TOP STORIES

  • Danish Intelligence Service: Threat from Russia has intensified

    Danish Intelligence Service: Threat from Russia has intensified

    In the internal Danish waters, Russia will be able to attack underwater infrastructure from all types of vessels. The target could be cables with data, electricity and gas, assesses the Danish Defense Intelligence Service

  • Denmark to explore screening citizenship applicants for anti-democratic sentiments

    Denmark to explore screening citizenship applicants for anti-democratic sentiments

    A few weeks after Alex Vanopslagh’s comments about “right values,” the government announced that an expert committee would be established to examine the feasibility of screening citizenship applicants for anti-democratic attitudes.

  • The Future Copenhagen

    The Future Copenhagen

    The municipality plan encompasses building 40,000 houses by 2036 in order to help drive real estate prices down. But this is not the only huge project that will change the shape of the city: Lynetteholmen, M5 metro line, the Eastern Ring Road, and Jernbanebyen will transform Copenhagen into something different from what we know today

  • It’s not you: winter depression is affecting many people

    It’s not you: winter depression is affecting many people

    Many people in Denmark are facing hard times marked by sadness, anxiety, and apathy. It’s called winter depression, and it’s a widespread phenomenon during the cold months in Nordic countries.

  • Crime rates are rising, but people are safer

    Crime rates are rising, but people are safer

    Crime in Denmark is increasing for the second consecutive year, but it is more focused on property, while people appear to be safer than before. Over the past year, there were fewer incidents of violence

  • Novo Nordisk invests 8.5 billion DKK in new Odense facility

    Novo Nordisk invests 8.5 billion DKK in new Odense facility

    Despite Novo’s announcement that its growth abroad will be larger than in Denmark, the company announced this morning an 8.5 billion DKK investment for a new facility in Odense. This is the first time the company has established a new production site in Denmark this century.

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Sign up here

Career

Want to advertise your job with CPH Post?

Contact us

Jobs