NPV enters into joint venture with AkademikerPension

Case News
Plesner assisted NPV with respect to a joint venture agreement between NPV and AkademikerPension on the development of 16,000 sqm residential housing, the first stage of the urban development project Gammelhavn located in the centre of Vejle, Denmark.

NPV has been working on the development of a new neighbourhood in Vejle for some time. The development work has been carried out in close cooperation with the municipality of Vejle, among others, and the joint venture agreement with AkademikerPension is the provisional culmination of several years of work, which is now realised by development and building of the first stage by 16,000 sqm residential housing.

The realisation of the project is part of NPV's strategi focusing, among other things, on the development of projects in growth areas outside Copenhagen and Aarhus.

Plesner had the pleasure of advising NPV on the project from the beginning and until the provisional culmination by the entering into of the joint venture agreement with NPV, which will ensure realisation of the first stage of the project.

Plesner's team consisted of Line Vester Jensen, Peer Meisner, Andrea Laurenborg and Lasse Stjernholm Detlevsen.

Read the press release from NPV (in Danish)