Europa Capital and Keystone have completed on the corporate sale of a block comprising 66 newly built residential units in the Copenhagen suburb of Valby to Formuepleje Ejendomme.
In September 2015, Europa Capital made a commitment to the purchase of 367 residential units across five buildings in Copenhagen from DFE. Sales of four of the five buildings have now been achieved, with respective completions taking place in June 2017, February 2018, and this most recent in March 2018.
Hugo Black of Europa Capital said, “Throughout our commitment to this investment, we have seen the suburb of Valby mature and attract a growing demand from residents. We will continue supporting this trend through active management on our remaining Valby assets held across Europa Funds IV & V.”
For further information, please contact:Gordon Simpson/Elizabeth King, Finsbury: + 44 20 7251 3801
About Europa Capital:
Europa Capital is an established real estate fund management group operating across Europe adding value through risk-based acquisition strategies and active asset management on behalf of its investors. Since 1995, Europa Capital has collectively raised nine real estate funds and committed to over 128 transactions totalling more than €10.9 billion across 19 European countries.
The Europa Funds benefit from Europa Capital’s established network of partners across Europe who co-invest in acquisitions made by the Europa Funds. These country and joint venture partner relationships in some cases extend back more than 20 years. Europa Capital is a member of Rockefeller Group International, Inc. (“RGI”), a subsidiary of Mitsubishi Estate Co. Ltd. RGI is a strategic investor alongside Management. Europa Capital Partners LLP and Europa Capital LLP are authorised and regulated by the Financial Conduct Authority.