Divestment of 97,190 m² primarily residential building rights in Copenhagen harbour front location

• Price: Undisclosed
• Area: 97,190 m²
• Buyer: AP Ejendomme (AP Pension) (DK)
• Seller: By & Havn (DK)
• Sole financial advisor to By & Havn (DK)

Nordanö acted as sole financial adviser to By & Havn in the divestment of 97,190 m² building rights on Enghave Brygge Syd to AP Ejendomme, a subsidiary of AP Pension. The project constitutes three island plots with 56,013 m² market based residential building rights and 487 m² retail building rights, one island plot with 14,000 m² commercial building rights as well as two plots with 23,690 m² social housing building rights.

Enghave Brygge Syd is the last piece in the puzzle for developing the Copenhagen Southern Harbour, which has been successfully developed with an emphasis on offering high-end residential units with attractive features including close proximity to water, recreational areas and educational institutions and has proved to be among the most attractive residential areas in Copenhagen, illustrated by the high sales prices and rent levels observed. Enghave Brygge Syd is expected to become the center of the Copenhagen Southern Harbour with its very own Metro station, strengthening the connection of the Copenhagen Southern Harbour to the city center and the rest of Copenhagen.