PATRIZIA, a leading partner for global real assets, has signed the contract for the sale of a residential property in Copenhagen's South Harbour district. This means that the fund property will be sold to a Scandinavian pension fund. The agreed purchase price amounts to the equivalent of around 92 million euros.
PATRIZIA originally acquired the facility for around EUR 55 million and incorporated it into the public AIF "Copenhagen South Harbour" upon completion. With the sales price now agreed, an increase in value of around 68 percent was achieved compared to the purchase.
Against the backdrop of PATRIZIA's positive performance and many years of market expertise, the fund company initiated a structured sale process at the end of 2025. As part of this process, a purchase contract was negotiated and signed with the highest bidder on attractive terms. For investors, the sale means a doubling of the capital invested, which corresponds to an average distribution of up to 13.4 percent p.a., depending on the time of joining. The formal dissolution of the fund is scheduled for 2027.
"The transaction shows that active asset management, a carefully chosen location and a long-term orientation of the investment strategy can pay off even in a challenging market environment. The sales price achieved, which even significantly exceeded the most recent appraisal value, reflects the high quality of the property and also the attractiveness of Copenhagen's housing market," says Klaus Weber, Managing Director of PATRIZIA GrundInvest.
The residential complex is located in the South Harbour district, one of Copenhagen's most dynamic development areas. The young quarter benefits from excellent connections to the city centre, a modern infrastructure and a persistently high demand for contemporary housing. PATRIZIA took over the property as a turnkey new building in 2016 and actively managed it over the entire holding period.
