Wihlborgs sells housing development rights outside Copenhagen
Wihlborgs has sold the housing development rights for the Vasekaer 7 property in the Hørkær area in Herlev Municipality northwest of Copenhagen. The rights comprise a GFA of 18,500 square metres and were sold in October to a joint venture of Nordkranen and Catella for DKK 72.5 million. The sale aims to provide Hørkær with the prerequisites to continue its transformation from a classical industrial area into a modern and multifunctional urban district with housing and businesses.Wihlborgs has owned Vasekaer 7 since 2007 and a new detailed development plan for housing was approved in 2021.