Divestment of residential project in Greater Copenhagen
- Price: Undisclosed
- Area: 6,209 m²
- Buyer: Catella Real Estate AG on behalf of the fund Sarasin Sustainable Properties – European Cities (DE)
- Seller: CASA ApS (DK)
- Sole financial adviser to CASA ApS (DK)
CASA divests a residential project located in Ballerup, Greater Copenhagen, through a forward funding transaction structure to Catella Real Estate on behalf of the fund Sarasin Sustainable Properties – European Cities.
CASA is the property developer and will act as general contractor in the construction of the project to completed by the end of 2022.
The project has been developed with an in-depth focus on sustainability and the construction will, among other things, be certified with DGNB Gold.