CapMan Acquires Glostrup Residential Project from Danske Shoppingcentre
Deal News | Mar 03, 2025 | Capman Growth
CapMan Real Estate, a division of the Nordic private asset firm CapMan, has entered into a forward purchase agreement to acquire a residential development in Glostrup, Greater Copenhagen from Danske Shoppingcentre (DSC). The development will include 137 modern, DGNB Gold-certified residential units, planned as part of the Glostrup Shoppingcenter's revitalization. The project, expected to be completed by the end of 2027, will be managed and constructed by Raundahl & Moesby, encompassing a new grocery store, eateries, and improved connectivity to Copenhagen city center. This acquisition represents CapMan's commitment to value creation through sustainable urban development within its strategic real estate portfolio, furthering its influence in the Nordic property sector.
Sectors
- Real Estate
- Private Equity
- Urban Development
Geography
- Denmark – The location of the real estate development project is in Glostrup, a part of Greater Copenhagen in Denmark.
- Nordics – CapMan is a Nordic private asset firm with investments across Nordic countries, highlighting a regional influence on the market.
Industry
- Real Estate – The article discusses a substantial real estate transaction involving a residential development project in Greater Copenhagen.
- Private Equity – CapMan Real Estate, part of CapMan Group, is a private equity firm involved in the acquisition of a real estate asset in Denmark.
- Urban Development – The project is part of a larger urban development and modernization effort for the Glostrup area.
Financials
- 4.4 billion – The amount in real estate assets managed by CapMan Real Estate.
- 6.1 billion – Total assets under management by CapMan.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CapMan Real Estate | Bidding Company | Company | A division of CapMan Group focused on real estate investments across the Nordic region. |
| Danske Shoppingcentre | Selling Company | Company | Danish market leader in shopping centre sector and the seller of the Glostrup residential project. |
| Raundahl & Moesby | Developer/Contractor | Company | Responsible for managing and constructing the residential units in the development project. |
| PLH Arkitekter | Architect | Company | The architectural firm that designed the residential development project. |
| Bruun & Hjejle | Legal Advisor | Company | Provided legal advice to Danske Shoppingcentre for the divestment. |
| Nordan | Commercial Partner | Company | Provided commercial advice to Danske Shoppingcentre for the divestment. |