Europa Capital and Keystone sell newly built residential property

Property investors Europa Capital and Keystone have just sold a large newly built residential property in Valby to German property investor Patrizia. Plesner advised Europa Capital and Keystone on the transaction.

UK property investor Europa Capital and Danish Keystone Investment Management A/S jointly owned the newly built 12,600 sqm residential property in former industrial area Valby Maskinfabrik in the Greater Copenhagen Area.

The property, which is fully occupied, is located in a new attractive neighbourhood and comprises 127 flats and six commercial leases. Last year, Patrizia also acquired a portfolio of properties in Valby from Europa Capital and Keystone.

We congratulate Europa Capital, Keystone and Patrizia on the transaction and would like to thank Kromann Reumert, RED Property Advisers and the other advisers on the transaction for a great teamwork.

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