Digital hospitality brand Numa Group has announced its expansion into Denmark, launching with 36 newly built units in Copenhagen's Nørrebro district.
The first Numa property in Denmark is being developed in partnership with Invesco Real Estate.
The property will be certified with a target of DGNB Gold, and is managed by Numa under a Green Lease. The property is close to completion and will feature individually furnished apartments, abundant balconies and a rooftop terrace. It is scheduled to open in the first quarter of 2024.
Dimitri Chandogin, managing director of Numa Group, said: 'We are delighted to launch Numa’s highly successful model in Denmark in partnership with Invesco Real Estate with the announcement of our first property.
'The Nordic countries represent an important growth market for the NUMA Group. Our digital platform utilises automation to make processes more efficient and save significant costs. This is a particularly important factor in the Nordic countries.'
Fredrik Berlin, Numa Group's director, Nordic Expansion, added: 'With our launch in Copenhagen, we are taking another major step in our expansion across Europe. Numa Group is now active in 11 countries and 28 cities with over more than 5,850 design apartments.
'We plan to establish a portfolio of several hundred units in Denmark and are already looking for further hotel and apartment properties in central locations. We are excited about our stated goal to establish a completely new generation of accommodation for modern travelers and thus innovate the industry.'
Rob Johnston, managing director, investment management at Invesco Real Estate commented: 'We are delighted to be launching our first project in Europe with Numa, who are a recognised leader in one of the fastest-growing hospitality sub sectors, and a best-in-class partner that we want to grow more with across Europe.
'This high-quality project is a great complement to our existing residential portfolio in Denmark of c.1,200 units, being adjacent to one of our recently completed residential projects which has been 100% pre-let.'
The property was brokered by Nordic Hotel Consulting (NHC) and Rubik Properties as the local operating partner for Invesco Real Estate.
