Colliers was sell-side advisor to FB Gruppen A/S in the transaction, marking a new milestone in the development of the former open market area in the Copenhagen district of Valby. So far, Colliers has in the same area facilitated investments to international investors to the tune of almost DKK 2 billion.
Only three years ago, FB Gruppen broke ground in the new emerging city district in Valby. Overall, investments in the development scheme exceed DKK 500 million. The plot in question is designated for some 190 new residential units. Eventually, the entire area at Grønttorvet is scheduled to offer 2,300 residential units.
”FB Gruppen has achieved excellent development results at Grønttorvet, turning it into a highly attractive residential area in no time at all. This latest transaction confirms the substantial investor appetite for attractive Copenhagen residential investment opportunities, not least on the part of German pension funds”, says Andreas Brandt, Manager, Capital Markets, Colliers.
Manager, Capital Markets
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