German investor buys EY’s new Copenhagen head-office building

Deka Immobilien GmbH has acquired Flintholm Company House II from NCC Property Development. The acquisition marks Deka’s first investment in Denmark in more than 10 years.

“Having headed a confidential and structured sales process, we are delighted to have rekindled the interest in the Danish market with one of Germany’s largest investors”, says Director, Capital Markets, Kristian Axel Nielsen, acting as joint sell-side advisor together with CEO Peter Winther.

The building is under construction, with scheduled occupancy in November 2019. When the time comes, EY will have all of 8,266 sq m at its disposal, accommodating 640 workstations, in addition to an underground 2-storey parking facility. The building is expected to be awarded with the DGNB certificate in gold for sustainability, including low energy consumption and healthy indoor climate.

“Flintholm has evolved into a prime office location that benefits from excellent access by public transport in terms of Metro and S-train services. The many qualities of the area are underpinned by the fact that a global player like EY not only wants to remain in the area but also commits to a long-term lease”, adds Kristian Axel Nielsen.

 

About Deka
Deka is a global player represented in 25 countries with some 600 employees in total. Deka has 9.5 million sq m under management, worth 271 billion Danish kroner. In 2018, Deka traded properties worth almost 34 billion Danish kroner. When Deka last invested in Denmark, it acquired the Copenhagen head office of law firm Plesner in 2003, which it resold three years later.

 

Contact
Kristian Axel Nielsen
 Director, Capital Markets
 +45 31 44 14 42
kristianaxel.nielsen@colliers.com


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Kristian Axel Nielsen

Director

Copenhagen

Kristian's primary areas of expertise are mediation of commercial and investment properties as well as property-related advisory services and strategic planning.

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