Heimstaden grows in Denmark through acquisitions from NREP
Heimstaden is acquiring a portfolio of tenant-owner apartments in eight properties located in Copenhagen, Aarhus and Vejle in Denmark. The portfolio comprises a total of approximately 38,000 square metres divided between 377 condominium apartments and five commercial premises. The acquisition also includes 135 parking spaces. The properties were built between 2007 and 2013 in central locations and are of a high level of quality. For example, the portfolio includes apartments in Isbjerget in Aarhus, which, in 2013, was named Best Residential Development at MIPIM in Cannes, France.