CapMan Nordic Real Estate III Fund (CMNRE III) has signed a forward purchase agreement to acquire a residential development project from Danske Shoppingcentre (DSC). The project, consisting of 137 residential units in the heart of Glostrup has been developed by DSC together with Raundahl & Moesby and designed by PLH Arkitekter. Once completed it will offer quality living in a well-located modern residential area with excellent shopping and dining opportunities and good connections to Copenhagen city centre. Raundahl & Moesby will manage the development and construction which is expected to be finalised by end of 2027. The project will be DGNB Gold-certified and seek EU taxonomy alignment.
The construction of the residential units take place as part of a larger modernisation of the Glostrup Shoppingcenter driven by DSC. The carefully designed development will contribute to a complete renewal of the area and will consist of 137 new residential units spread over 10,647 square metres, as well as a new grocery store, eateries with outdoor dining options and a new inviting facade facing Glostrup station. Copenhagen city centre can be reached from here in less than 20 minutes by car or train, making it an ideal location for commuting. Once the urban development, which is part of the renewal of Glostrup’s city centre and station area, is developed, it will contribute to a more modern and inviting city centre.
Source: capman.com on the 3 March 2025
https://capman.com/2025/03/capman-real-estate-acquires-residential-development-project-in-glostrup-greater-copenhagen-from-danske-shoppingcentre/