Copenhagen student, micro-living and senior housing portfolio comes to market

Savills and its Danish associate Nordicals are marketing Project Futurum, a student, micro-living and senior housing portfolio in Copenhagen, which is currently being developed. 

The portfolio consists of five assets: one purpose built student accommodation building, one senior/multi-family and three assets that have the benefit of being either student accommodation or micro-living given a recent change in local planning regulations allowing greater flexibility to investors. The total forecasted Net Operating Income is DKK 66 mln (€8.8 mln).
 
The portfolio offers 807 units across 34,448 m2 as well as a pre-let 907 m2 retail unit. All of the assets are located in the Danish capital and set for completion in 2020/21.
 
Aurelio Di Napoli, director, Savills Operational Capital Markets, says: 'Given the significant supply and demand imbalance for these asset classes within the city of Copenhagen, this is a rare opportunity for investors to establish a strong foothold, or further increase their allocation, to the traditionally restricted Danish market. Featuring the latest amenities, the newly repurposed assets offer excellent transport links and are within close proximity to leading higher education institutions. As more and more capital is trying to find a home in the residential operational real estate sector, we anticipate that this will be a market-leading transaction.'

Events

Latest news

Best read stories