M&G Real Estate buys Danish office building for €82m

M&G Real Estate has acquired an office building in Copenhagen’s Vesterbro district for €82 mln.

Kalvebod Brygge 47 was built as the headquarters of Forstædernes Bank and is currently leased to Nykredit. Capital Investment will continue to act as asset manager at the property.

‘We are obviously proud to have made a further investment of M&G Real Estate, whom we have had a very good relationship with for a long time now,’ said Jesper Damborg of Capital Investment.

Plesner acted as legal advisor to M&G Real Estate.