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International investor enters the Danish market purchasing million euro retail property

Investment fund targets EUR 1bn in real estate investments and enters the Danish market purchasing a Copenhagen retail property from another international investor.

Yet another international investor targeting prime retail high streets in Europe makes it way to Copenhagen. | Photo: Maria Albrechtsen Mortensen/Ritzau Scanpix

Yet another international investor penetrates the Danish real estate market, strengthening a development that sees international investors involved in more than 50 percent of all real estate transactions completed in Denmark.

On this occasion, Canadian asset manager BMO, rooted in the Bank of Montreal in 1817, has acquired a central Copenhagen property of just over 3,200 sq m, which its former owner valued at EUR 25.6m by the end of 2018, via its real estate investment division BMO Real Estate Partners.

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