2024-07-04 11:23 CET, Denmark | Corporate Finance | Press release
Catella Corporate Finance Denmark has acted as the exclusive financial advisor to Bonum Development and SEBC in the divestment of the 6.500 sqm newly built student apartment and co-living complex Englandshaven, located near the inner city of Copenhagen.
Englandshaven is a unique co-living complex of superb quality, boasting 173 units with independent designs ranging between 32 and 50 sqm and multiple common areas. It is strategically positioned to meet Copenhagen's strong demand for contemporary, high-standard co-living apartments. The project has been completed, and tenants moved in at the beginning of July 2024.
Jesper Bo Hansen, Managing Director of Catella Corporate Finance, comments: “We are pleased to have advised Bonum Development and SEBC in the successful divestment of Englandshaven. Following a number of successful transactions in the first half of 2024, we are happy to see markets stabilizing and a continued interest in quality projects. Furthermore, it shows continued interest in the maturing and growing co-living investment market. The macro fundamentals in Denmark, as well as the demographic development in Copenhagen, foster a still growing demand for small housing units in good locations. This makes Englandshaven and similar residential properties increasingly interesting for local and international investors. We thank all parties involved, especially Bonum Development and SEBC, as well as Bjørn Matre, Greater Copenhagen Residential, for the excellent communication and efficient process, making this transaction possible in just four weeks.”
For more information, please contact:
Jesper Bo Hansen
Head of Corporate Finance Denmark
+45 2025 2330
jesper.bo@catella.dk
Johannes Thorup Juhl
Senior Associate, Corporate Finance Denmark
+45 4160 9001
johannes.thorup@catella.dk
