Invesco Real Estate has acquired two residential assets in the affluent Ballerup submarket of greater Copenhagen on behalf of a European PRS mandate from a large German institutional investor.
The deal has been acquired in cooperation with Copenhagen-based RUBIK Properties, a leading real estate operating partner in Denmark.
The two high-quality, brand-new properties have been sold by the tier one Danish developer FB Gruppen and comprise a total of 14,901 square meters (160,393 square feet) divided into 186 units. One of the assets was completed in June 2024, while the second was completed in December 2024. The first has been sold with 100 percent occupancy.
Both buildings have green roofs with solar panels and are expected to achieve DGNB Gold certification and have received an EPC A2020 rating, the newest and highest rating in the Danish market. Among other sustainability elements, smart meters have been installed in order to collect consumption data, while en