CBRE Investment Management (CBRE IM), on behalf of a fund sponsored by the firm, has acquired Project Strandhaven-Karlslunde, an 8,100 m2 affordable and sustainable residential asset in Karlslunde, Greve, Greater Copenhagen.
The asset is newly built and already fully let; it comprises 108 residential units, each with its own balcony or terrace, and 96 car-parking spaces, meeting the affordability and sustainability requirements of the strategy. The building is well-served by local transport links.
Marius Schöner, head of EMEA Residential Operator Division at CBRE Investment Management, said: ‘Karlslunde is mostly populated by detached family houses built in the 1960s and 1970s, and there is a distinct shortage of smaller, newly built private rental units, with little available land in the surrounding area for further development. Through this acquisition, we are able to meet the aims of this residential strategy which is to provide sustainable affordable rental homes for middle-income households. We will be delivering homes in an area that senior citizens are often priced out of the rental market and one of our impact objectives is to strive to create inclusive cities which we believe this scheme will contribute to.’
Source: properteu.info on the 23rd of June