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

  • “I have a responsibility of portraying more than hygge, pastries and bikes”

    “I have a responsibility of portraying more than hygge, pastries and bikes”

    Born and raised in Pennsylvania, USA, Derek Hartman moved to Denmark in 2017, to follow his partner – now husband – Mike Walsh. If they started uploading videos together online to depict their life in Denmark as a way to connect with their family abroad, now their YouTube channel accumulates a total of 15M views. Under the name Robe Trotting, Derek continues to humorously portray his life as an adopted Dane on several platforms, including with a Podcast called “What are you doing in Denmark?” (WAYDID Podcast)

  • Major agreement removes rules and money from public job placement

    Major agreement removes rules and money from public job placement

    In a broad political agreement, the government and right-wing parties have decided to simplify the rules and cut bureaucracy. Time will tell whether it will be easier to be unemployed and find your way around the Danish job system.

  • Home values continue to rise as apartment prices reach new record

    Home values continue to rise as apartment prices reach new record

    New data from Boligsiden shows a continued rise in housing prices across Denmark. In several regions, prices have reached or surpassed previous peak levels from the pandemic period, with apartment prices now at their highest level ever recorded

  • Thousands of Danes join boycott of U.S. products amid political frustration  

    Thousands of Danes join boycott of U.S. products amid political frustration  

    A fast-growing Danish Facebook group with 93,000 members is organizing a boycott of U.S. goods, sharing alternatives and practical advice in response to Trump-era politics and recent global tensions.

  • Climate Minister apologizes and saves his political life

    Climate Minister apologizes and saves his political life

    With the help of the North Atlantic mandates, Lars Aagaard fends off a storm from the entire opposition. This is the first time that the government is in danger of falling into a minority, this on a matter that does not seem politically substantial

  • Danish government presents 4.6 billion DKK investment in psychiatry reform

    Danish government presents 4.6 billion DKK investment in psychiatry reform

    The government has introduced a new national psychiatry plan that includes support for children, faster diagnosis, new patient rights, and more mental health staff. The budget will rise by 35%. If approved, it will be the largest investment in psychiatric care in Denmark’s history

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