ActivumSG Capital Management, which focuses on turnaround and special opportunity investments in real estate, has agreed to acquire CASA, a residential developer and construction contractor in Denmark’s build-to-rent sector, on behalf of its latest fund.
It will be the third corporate acquisition by ActivumSG Real Estate Fund VI after VanWonen and Odyssey Hotel Group, folding a new territory into its pan-European residential strategies, which already span the Dutch, Portuguese and Spanish markets.
Fund VI will acquire CASA from a fund overseen by CataCap Management. The parties agreed not to disclose details of the transaction, which is scheduled to close in the coming weeks.
Saul Goldstein, founder and CEO of ActivumSG, said, “CASA is a fresh example of our unconventional approach to accessing strong real estate investment themes through corporate acquisitions and other indirect routes. In this case, our fund will gain exposure to the strong fundamentals of
