Orange Investment Managers acquires parking facility in Copenhagen
08 April 2020
Orange Investment Managers completes another investment in Copenhagen on behalf of a European fund under Catella Real Estate AG focusing on parking facilities. Plesner advised Orange Investment Managers on the transaction.
With the completion of the investment, Orange Investment Managers has two assets in Copenhagen under management for Catella Real Estate AG's parking fund. The latest acquisition is centrally located on Vesterbrogade (Copenhagen) and is rented out to APCOA PARKING, JYSK, and LIDL.
The total area of the property is approximately 11,200 square metres and the value of the transaction exceeds DKK 200 million.