Core Property sells Copenhagen residential units totaling EUR 40m — and reinvests profits

Real estate fund supplier Core Property Management has sold 85 apartments in Valby, Copenhagen. The plan is to invest the profits in new real estate projects outside Copenhagen, a Partner tells EjendomsWatch. The buyer primarily targets commercial property.

The partners behind Core Property Management: Niels Lorentz Nielsen (left) and John Bødker. | Photo: Jørgen Bendsen/Watch Medier.

Germany-based real estate fund Catella Wohnen Europa has purchased 85 residential units in Valby, Copenhagen.

The real estate covers 9,080 sqm, CEO and Partner Niels Lorentz Nielsen from Core Property Management, which has sold the real estate, says to EjendomsWatch.

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