PensionDanmark buys two properties with office and hotel in Copenhagen from the property developer Skanska A/S

”With the purchase, we strengthen our position in the Copenhagen commercial market. The properties are long-term investments with good solid tenants and good accessibility for their employees and guests. This gives the properties a strong basis for stable rental income and thus attractive returns for our members' pension savings,” says Torben Modvig, director at PensionDanmark Ejendomme.

The properties are respectively the headquarters for the architecture and engineering company Sweco and a combined office and hotel property with the energy and telecom group Norlys as the primary tenant of the office spaces. The buildings offer tenants flexible and modern frameworks with a wide range of facilities such as an atrium, rooftop terrace, and an underground parking garage. 

The hotel area operates as a 3-star Ibis Styles hotel with 186 rooms as well as a restaurant, bar, and modern guest facilities. The location just meters from the Bella Center metro station ensures quick connections to both Copenhagen Airport and the city center. The location close to the Royal Arena and Bella Center also makes the hotel attractive for guests in connection with concerts and international events.

”We are pleased that we have reached an agreement with Skanska on this transaction, and we look forward to it leading to further cooperation in the future,” says Torben Modvig.

At Skanska, the enthusiasm for the deal is reciprocated.

”The sale is a fine conclusion to a process where we as a property developer have identified a good location and developed an office project combined with a hotel concept that supports service to the office tenants in everyday life. The concept has been attractive, and the properties have been fully leased from the time of construction. We are very pleased that PensionDanmark as a long-term investor can continue our ambitions towards the tenants in the two properties,” says Peter Nymann-Jørgensen, CEO of Skanska A/S.

Facts about the properties
•    Located at Ørestads Boulevard 41 and 45 in Bella Kvarter, Copenhagen S
•    Developed and built by Skanska in 2018 and 2022
•    Designed by Holscher Nordberg Architects
•    Total area of approx. 26,000m2 distributed over two office properties and one hotel
•    Ørestads Boulevard 41 is the headquarters for Sweco Denmark.
•    Ørestads Boulevard 45 contains both office and hotel. Norlys is the primary tenant of the office facilities, while the hotel operates as a 3-star Ibis Styles hotel with 186 rooms, restaurant, bar, and lobby area.
•    The properties include 462 parking spaces in basement and terrain
•    The properties are certified with DGNB Gold

Additional information
Press department: presse@pension.dk
Press and Communications Manager Niels Nørgaard, PensionDanmark, phone +45 31 63 01 37.
Peter Nymann-Jørgensen, CEO, Skanska A/S, +45 21 68 61 02