NPV divests development project in Greater Copenhagen to Urban Partners and AG Gruppen

Case News
Plesner advised NPV in connection with the divestment of the development site "Fuglekvarteret" in Hvidovre to a joint venture between Urban Partners and AG Gruppen

The transaction includes the transfer of a residential development project which is expected to comprise a residential area of approximately 33,000 sqm. in Greater Copenhagen. 

Fuglekvarteret in Hvidovre has previously been a light industrial area, and NPV has within recent years taken the initial steps towards the development of a newly established residential area. This has led to a newly adopted local plan for the area. 

Colliers and Beierholm acted as financial advisors to NPV. 

Plesner's team included Lasse Stjernholm Detlevsen, Kristoffer Westberg, Nils Svendsen and Emilie Lauenborg Breitenstein