Jan
22
Hines Enters Denmark with $126M Deal
ByThe 126,000-square-foot portfolio consists of five prime assets located in the heart of Copenhagen’s retail core.
Synoptic location in Copenhagen, building part of the portfolio transaction
Copenhagen, Denmark—Hines and Universal-Investment have acquired five prime high-street retail assets with associated office and residential components in central Copenhagen for $126 million from Avignon Capital, on behalf of its Bayerische Versorgungskammer fund.
The transaction marks Hines’ first entry into Denmark. This deal is the seventh transaction by Hines for the $1.4 billion investment BVK mandate, which is targeting prime high-street retail assets across Europe…
