Aviva Investors acquires mixed-use portfolio In the centre of Copenhagen

(London) – Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces that it has acquired a portfolio of mixed-use assets – known as the Atlas Portfolio – in Copenhagen, Denmark, on behalf of one of its mandates.

The portfolio, totalling nearly 8,200 sq m of mixed-use properties, split between office, retail and residential use in the centre of Copenhagen, consists of three high-quality historical assets built between 1811 and 1916, and is one of the most sought-after locations in Denmark.

George Fraser-Harding, Real Estate Investments at Aviva Investors commented:

“Copenhagen was identified as one of Europe’s most dynamic cities as part of our analysis of the most promising office and tech markets across the region[1]. With hundreds of tech companies calling it home, it is also one of the most research-intensive hubs in Northern Europe.  As such, the city is a key office market for Aviva Investors and one we are strategically committed to within our real estate investment strategy. This acquisition builds out further the assets under management in our Copenhagen portfolio as we look to take advantage of its strong growth potential and is well-aligned with our desire to invest in high quality buildings, in prime locations, which can bring value and performance to our clients’ portfolios.”

Aviva Investors Real assets was advised by Capital Investment. The seller was advised by Lintrup & Norgart.  

Refereences 

[1] https://www.avivainvestors.com/en-gb/about/company-news/2019/06/london-office-market-tops-future-growth-prospects-in-europe/

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Rob Davies

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