AMWatch

German asset manager buys in Valby for long-term strategy

Augsburg-headquartered asset manager Patrizia has snapped up the last part of a 367-unit residential property in an up-and-coming area of suburban Copenhagen. The buyer tells AM's sister site EjendomsWatch the asset is part of a long-term buy-and-hold strategy in Denmark.

The property acquired by Patrizia. | Photo: PR

Asset managers Europa Capital and Keystone Investment Management are selling a newly-built property consisting of 91 residential units and six townhouses in Valby to major German asset manager Patrizia.

The acquisition is part of a much larger transaction totaling 367 units carried out in several stages since June 2017 and will be finalized with the latest acquisition, Europa Capital tells EjendomsWatch.

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