Commercial Real Estate Denmark P/S sells property comprising residential, retail and office space in Østerbro

Plesner advised Commercial Real Estate Denmark P/S ("CRED") on the sale of a large property comprising residential, retail and office space in Østerbro in Copenhagen. The buyer is a property company owned by the Danish pension and life insurance provider PenSam.

The property, which is centrally located in Østerbro in Copenhagen, consists of a newly built residential building with 31 residential rental units. On the ground floor, the residential building houses a large modern supermarket operated by the well-established Danish supermarket chain Netto.

In addition, the property comprises an existing commercial property which was thoroughly renovated in 2005 and an underground garage with 36 parking spaces.

The total area of the property is approximately 8,500 sqm. 

Plesner’s team consisted of Mads Berg, Benjamin Bunnage, Philip Ulrik Lund Andersson and Simon Winther Bjerregaard.

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