Located in the heart of Nørrebro, the beautiful corner property dating from 1899 sits directly opposite Nørrebros Runddel metro station and Assistens Cemetery.
Photo credit: Colliers.
ALFA Development chose to grant exclusivity to FAI Ejendomme in order to complete a short and focused due diligence period, having assessed that FAI Ejendomme was the right buyer for the property and offered a high degree of transaction certainty.
“It was important for us to find the right buyer at the right price, and we are pleased that this was achieved as expected,” says Kristian Hare, CFO of ALFA Development.
ALFA Development thanks the buyer, FAI Ejendomme, and its advisers, Bech-Bruun and Ktêma Development, for a constructive and professional process.
ALFA Development also thanks Colliers for its strong cooperation throughout the sales process, as well as our internal lawyers, property inspector, administrators and finance department, all of whom contributed to an efficient and well-executed transaction.
“We congratulate FAI Ejendomme on the acquisition of an exceptionally well-located residential property with commercial premises on Nørrebro,” says Kristian Hare.
Property Facts:
- Address: Nørrebrogade 120, 2200 Copenhagen N, Denmark
- Seller: ALFA Properties A/S
- Buyer: FAI Ejendomme (FAI PropCo ApS)
- Property type: Residential property with commercial premises
- Year of construction: 1899
- Total building area: 1,374 m²
- 8 rental apartments and 1 commercial lease
- ALFA Development has owned the property since 31 December 2010
