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22-06-16

Alma Property Partners completes second acquisition in Denmark

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Alma Property Partners acquires 34 apartments in Ørestad in Denmark. The transaction is the second in Denmark for Alma’s new opportunistic fund.

The apartments, with approximately 3 800 sqm of net leasable area, were acquired from Jeudan by Alma Property Partners I, Alma’s new pan-Nordic opportunistic real estate fund.

“We made an add-on acquisition to our existing portfolio of modern apartments in attractive locations in the greater Copenhagen area. Ørestad is a growing area with a strategic location between central Copenhagen and Kastrup airport,” says Simon de Château, Partner & CIO at Alma Property Partners.

Sadolin & Albæk was the seller’s advisor in the transaction. Accura was the legal advisor to the buyer.

Alma Property Partners is currently raising capital for its pan-Nordic opportunistic real estate fund. The target is to raise two billion Swedish crowns (or approximately 200 million euro) of equity.