Urban Partners has acquired a 21,500-square-meter (231,425-square-foot) mixed-use property in inner‑city Copenhagen from Hines, a global real estate investment manager. The property comprises an upper-upscale hotel with 243 rooms and a food and beverage offering, approximately 3,100 square meters (33,370 square feet) of high-street retail and around 1,000 square meters (10,764 square feet) of residential units, located in one of the busiest parts of the city.
“This is a well-located mixed-use property in central Copenhagen. Hines has carried out an extensive redevelopment of the historic buildings, with a strong focus on preserving their architectural and heritage qualities. The asset forms part of a dense and established urban environment and reflects the mixed-use character of the surrounding city,” said Thomas Riise-Jakobsen, partner and head of Denmark, Urban Partners.
“Across the full lifecycle of the investment, from acquisition through redevelopment, thi
