Nordic private equity firm Nrep has acquired a multi-family rental development project in Herlev, Denmark from Swedish construction and property group Skanska for SEK 1.1 bn (€98 mln).
The transfer will take place in connection with completion, which is planned for the second quarter of 2025.
The project is located in central Herlev near the train station and the upcoming light rail stations to Copenhagen. It covers 22,720 m2 and will consist of 264 rental apartments accompanied by as many parking spaces surrounding the building, which will all be prepared for loading stations for electric cars.
Instead of a traditional courtyard with parking spaces a common green garden will be built, planted according to research on the site and in the local area to support biodiversity among plants, insects, birds and other animals. The garden will be watered with collected rainwater. A building in the middle of the garden will offer the tenants rooms for meetings, activities and “work-from-home”-facilities. The project is pre-certified according to the green certification DGNB, level Gold.
The first apartments will be ready for occupation by December 2024. The project is expected to be completed by June 2025.
Earlier this week Nrep also announced the construction of a six-storey timber residential building in Nordhavn (North Harbour), Copenhagen’s new sustainable harbourside city district. The 13,100 m2 development will have the lowest ever carbon emissions for a building over four floors in Denmark due to its wooden construction.
