Hines makes first residential project in The Nordics

Hines has taken full ownership of Trikotageparken, its first residential project in The Nordics.

Located in Copenhagen’s Østerbro district in the east of the city, the asset was acquired in April 2020 from developer Bonava on behalf of the Hines European Core Fund (HECF) as a forward-funding purchase. The new homes completed in October 2021 and are now fully owned by HECF. All the 121 apartments are fully let and total 10,508 square meters (113,107 square feet) across three buildings.

Trikotageparken was designed by architects Praksis Arkitekter and is named after Julius Hansens Trikotagefabrik, a knitwear factory that occupied the site until the 1970s. The development’s residents will benefit from easy access to local amenities ideal for families and young professionals such as the nearby forest and park, schools, kindergartens, Tuborg Harbour and the waterfront shopping center.

In a separate deal, HECF has acquired three unique commercial properties from