Heimstaden grows in Denmark through acquisitions from a property fund managed by the Thylander Group
Heimstaden acquires a portfolio of 1,375 apartments in 24 properties located primarily in Esbjerg, Aalborg, Aarhus, Svendborg and Copenhagen (ranking by share of value). The portfolio consists of a total of approximately 116,600 sq. m. divided into 1,375 apartments and approximately 50 commercial premises. The properties were built between 1886 and 2008 and include both older century-shift houses with regulated housing rent (approx. 67,900 sq. m.) and as well as relatively new-built properties with market rent (about 33,000 sq. m.) and commercial premises (approx. 15,700 sq. m.).