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Saxo and Resolution Form Joint Venture
Saxo Properties, the property investment arm of Copenhagen-based Saxo Bank, has entered into a joint venture with Resolution Real Estate Advisers, a pan-European real estate fund.
The joint venture will focus on co-investing up to approximately €250 million in the central business district of Copenhagen, targeting residential, mixed-use and commercial buildings that will benefit from the application of intensive asset management, including refurbishment and the repositioning of tenants.