Nordanö

Establishment of joint venture for the development of Sygehusgrunden in Holstebro

  • Price: Undisclosed
  • Area: 80,000 m²
  • Sole financial adviser to Færchfonden (DK)

Nordanö acted as financial adviser to Faerchfonden in the DKKm 2,000 joint venture between Holstebro Kommune, Faerchfonden and Aksel Nørgaard Holding to transform Sygehusgrunden, the former Holstebro Hospital area into a new vibrant and sustainable city quarter. Sygehusgrunden has a unique location in central Holstebro close to a large park and green areas.

Sygehusgrunden will be developed over the next 10 years with a strong focus on ESG and sustainability, where the majority of the existing properties will be transformed into new usages. The development will hence be a combination of approx. 30,000 m² new residential development and 30,000 m² existing properties.

Credentials

Divestment of Danish last-mile logistics portfolio

  • Price: Undisclosed
  • Area: (GLA) 39,000 m²
  • Seller: Commercial Real Estate Denmark P/S (“CRED”), an open-ended fund owned by the Danish pension funds TDC Pensionskasse, P+, Pædagogernes Pension, and Lægernes Pension, along with other investors
  • Sole financial adviser to CRED (DK)

Financing of last-mile logistics portfolio

  • Area: 18 assets across a GLA of 164,170 m²
  • Financing: Senior financing and CAPEX facility. Financing size and terms undisclosed. Lender: KKR (US) via insurance vehicles and accounts. Borrower (client): HighBrook Investors (US).

Financing of Stejlepladsen development

  • Area: GLA of 71,900 (to be developed) m²
  • Lender: Nykredit (DK), Borrower (client): JV between PFA (DK) and By & Havn (DK), Financing: Plot financing, CAPEX facility and senior financing. Financing size and terms undisclosed.

Divestment of purpose-built student accommodation in Greater Copenhagen

  • Price: Undisclosed
  • Area: 13,668 m²
  • Buyer: KKR
  • Seller: TPG Angelo Gordon (US)
  • Sole financial adviser to TPG Angelo Gordon (US)

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)

Divestment of 384 residential units, 2 retail units and 124 underground parking spaces in Copenhagen

  • Price: DKKbn 1.24
  • Area: 28,520 m²
  • Buyer: CapMan
  • Seller: NREP and AG Development
  • Sole financial advisor to NREP and AG Development

Forward purchase of residential tower of 20,200 m² in Carlsberg Byen in Copenhagen

  • Price: Undisclosed
  • Area: 20,200 m²
  • Seller: Udviklingsselskabet Carlsberg Byen P/S (DK)
  • Commercial adviser to Quantum Immobilien AG (DE)