Savills Investment Management (Savills IM), the international real estate investment manager, has sold the fully let mixed-use retail and office property Absalons Gaard in central Copenhagen to PensionDanmark.
The listed landmark building sits directly on City Hall Square, at the entrance to the Strøget pedestrian shopping street, and comprises approximately 7,500 square meters (80,729 square feet) of lettable retail and office space across four floors.
In April, Savills IM also sold the AaBe Fabriek retail park in Tilburg, Netherlands, to Braintown Development B.V. The urban redevelopment, comprising more than 30,000 square meters (322,917 square feet) of lettable space across 32 units and incorporating a former factory building, combines a repurposed heritage space with a broad range of retail and leisure offerings. The tenant mix focuses on grocery retail and goods and services that cater to everyday needs, complemented by a range of home and lifestyle and restaura
