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In 2014 four properties with a total floor area of approx. 88,000 sqm. were purchased. The properties are well situated close to Copenhagen Airport. All the properties have direct access to the Metro station. Two Properties were sold in 2017. AGA, The property on Uplandsgade was purchased on May 1, 2019. The property is being developed by the Sophienberg Group.
The business plan includes updating and continually re-letting 50,000 sqm. of offices and demolishing approx. 38,000 sqm. of worn-out offices and warehouses, in addition to creating up to 70,000 sqm. of new residences, retail, offices and parking spaces.
An alternative and still profitable scenario is updating and re-letting the existing properties as commercial tenancies.