Quantum sets a strategic signal and expands successfully to the Danish residential market. The subject of the first transaction is a state of the art building in Copenhagen. In this line, a new office with local expertise is opening.
Successful expansion: Quantum Immobilien KVG has acquired a high-quality residential property in Copenhagen for a club of institutional investors as a sepa¬ra¬te account. This marks the company’s entry into the Danish market. The seller of the property is Carlsberg City District P/S.
"Denmark is one of the pioneers in terms of quality of life, digitalisation and sustainability, especially Copenhagen. The city is young, dynamic, digital and green. Surveys show again and again: people, who live here, are the happiest, younger than in Berlin and wealthier than in Munich. In addition, excellent economic parameters and a reliable legal framework make an investment attractive," says Frank Gerhard Schmidt, board member of Quantum Immobilien AG, and adds: "We are proud that the acquisition of such a high-quality property marks the beginning of our activities in Denmark."
200 apartments in an upcoming location in Copenhagen
The Beckmann Tower and Wilhelm House with about 200 apartments on approximately 20,200 sqm of lettable area will be completed by spring 2025 according to designs by architect Dorte Mandrup. The state of the art building is located in the upcoming Carlsberg City District, which is being realised on the site of the former Carlsberg brewery. Here, modern architecture meets historical charm and excellent craftsmanship. This is reflected for example in high-quality brick facades of the building and the new interpretation and inclusion of older listed building.
"The resource-saving construction, a connection to Copenhagen's sustainable district heating network, approximately 1,000 sqm of solar panels on the roof and integration into the smart mobility concept of the Carlsberg City District contribute to the property's ESG strategy. In addition, compliance with the Paris Climate Agreement has been scientifically confirmed by our Climate Tech partner right°," says Martin Berghoff, Managing Director of Quantum.
"The Carlsberg City District is further enriched with the addition of Beckmann Tower and Wilhelm House, bringing more high-quality rental apartments to the area and thus increasing the attractiveness of the entire location. We are pleased to have partnered with Quantum, a reliable ally renowned for their high standards and expertise in the residential asset class. We are especially delighted that this will further diversify housing options in the Carlsberg City District with approximately 200 private rental units, ultimately benefiting the residents of Copenhagen," says Jens Nyhus, CEO of the seller Carlsberg City District P/S.
Denmark as Quantum's first international office location
With the acquisition of the first residential property in Copenhagen, Quantum also opens its first office abroad. A team in Denmark is also being set up. Quantum was able to recruit Niclas Milvertz, now Country Head Denmark of Quantum, to lead this team.
The parties have agreed not to disclose the purchase price. Accura, PWC, KHR Architecture as well as NCAP and Nordanö acted as advisors for this transaction.
About Quantum
Since its founding in 1999, the independent Quantum Immobilien AG has stood for forward-looking project development, attractive institutional investment products and holistic management of real estate investments. The project development business realises both its own projects and joint ventures as part of corporate investments – so far this has resulted in 80 properties with a total area of over 1,800,000 sqm. The transaction volume amounts to around €5.2 billion.
In the investment business, Quantum offers customised solutions for institutional investors via its own capital investment company. Assets under management amount to approximately €11.3 billion.
20 September 2023
