May 25, 2021

THYLANDER SELLS RESIDENTIAL PROPERTY IN ØSTERBRO, COPENHAGEN

Thylander and a number of private investors have sold the property Nygårdsvej 25-27 / Masnedøgade 28-32 in Copenhagen to Europa Capital LLP.

The 3,647 sqm property includes 38 residential leases, a single commercial lease and a parking basement with 20 parking spaces and is located in the new “Climate District Østerbro”.

In 2017, when it had just been built, Thylander and a total of nine private investors bought the property.

“We are pleased to have created another great result for our investors. We did not plan to sell the property at this moment, but since our active asset management has continuously improved the operating result and we received such an attractive offer, we chose to complete a sale. A big thank you to our advisers and responsible employees as well as the buyer for a solution-oriented process,” says Partner in Thylander, Henrik Køhn.

Thylander has been advised by Colliers and Bech-Bruun.

Keystone has advised the buyer, Europa Capital LLP, a property manager investing across Europe on behalf of institutional investors. Since 1995 Europa Capital has established a total of nine real estate funds and been involved in over 130 transactions totaling more than € 11bn. (DKK 82 bn.).