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Student residential joint-venture program focused on the core Danish cities of Copenhagen, Aarhus and Odense.

Joint-venture (“JV”) with local asset manager to assemble a student residential platform in Denmark capitalizing on the market’s compelling fundamentals: high quality universities, fragmented ownership, rising student numbers and widespread under-supply of purpose-built accommodation.

Seed Asset for JV acquired in June 2018 offering 228 studio units across 7,387 sqm, with 342 sqm of common area / amenity space for students. The asset is located in Valby, an up-and-coming middle-class residential location in central Copenhagen. The asset benefits from excellent access to public transportation and is within a 20-minute bike ride to four university campuses. The asset will be branded “Blaekhus” as part of newly formed student brand for the Danish market.

 

 

Danish Student Residential Program

Ib Schønbergs Allé 1

“The Seed Asset is the ideal opportunity for the start of our joint-venture with DFI in Denmark, and the creation of a new and exciting student brand.”

–  CEO of Local Asset Manager