Capman divests historic building to shy billionaire for hundreds of millions

The former hotel and communications center for Hitler's troops is changing hands. In a rare interview with EjendomsWatch, the new, normally shy owner reveals some of the plans for the 10,000 square meter corner property in the heart of Copenhagen.

Grundvigs Hus | Photo: PR/KAB

Grundtvigs Hus on Studiestræde in Central Copenhagen has had a lot of functions throughout its 112-year lifetime.

It has been a hotel called Hotel Danevirke and a cultural center devoted to Grundtvig. During the second world war, the building was the center of telephone communications for the German occupiers, and until recently, asset manager Capman was attempting to turn the current KAB headquarters into a combined hotel and office project.

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