Sveafastigheter invests in Denmark
Sveafastigheter Fund III AB (“Sveafastigheter”) pursues its premier investment in Denmark through the acquisition of a residential portfolio in Copenhagen.Sveafastigheter acquires a portfolio comprising 82 ownership apartments in Ørestad City with a leasable area of in total 7,000 square metres. The apartments are acquired from CarVal Investors for a price of DKK 121 million. The transaction was signed in late July and closed on October 4, 2012. - We have surveyed the Danish property market for a long time and find the timing to be favourable for market entry. We are excited to make