Plesner advises PATRIZIA on the sale of a property portfolio in Frederiksstaden

Case News
Plesner has advised PATRIZIA on the sale of PATRIZIA Royal ApS and thereby its property portfolio consisting of 99 residential commonhold units and 56 parking spaces. The property portfolio is located on Dronningens Tværgade, situated in central Copenhagen, Denmark. The purchaser is an undisclosed foreign investor represented by Catella Investment Management.

PATRIZIA Royal ApS's property portfolio comprises both parts of Christiansgården and Kongegården, both of which are sections of the iconic and protected redbrick building "Dronningegården" located in the heart of Copenhagen.  

Dronningegården was constructed between 1943-58 and was designed by the pioneering Danish architects Kay Fisker, C.F. Møller and Svenn Eske Kristensen. Dronningegården consists of four residential sections forming a square outlined by the corners of the sections along the historic roads - Dronningens Tværgade and Adelgade. Christiansgården and Kongegården are the two sections situated in the north-western part of Dronningegården.   

Plesner's core team consisted of Karina Brinch and Lise Haugaard Jacobsen.