CBRE European Residential Impact Fund (ERIF) acquires a newly built residential project

Case News
Plesner has advised CBRE European Residential Impact Fund (ERIF) in connection with ERIF's acquisition of 108 newly built residential units in Karlslunde, Denmark.

Plesner has advised ERIF in connection with ERIF's acquisition of a 8,100 sqm, 108 newly built residential units in Karlslunde, Denmark.

Plesner's assistance comprised all aspects of the transaction including structuring, due diligence investigations, preparation and negotiation of transaction documents, and general project management.

The acquisition of the 8,100 sqm affordable living and sustainable residential asset in Karlslunde is a part of ERIF's residential strategy which is to provide sustainable, affordable and good quality rental homes for middle-income households.

Plesner's team on the transaction consisted of Mads BergJakob Schmidt JensenCaroline Lemminger JensenMia SanderEmilie Illum Rodam and Louise Juel Dragsbæk.