Meyer Bergman has sold four prime retail properties in central Copenhagen to Hines Pan-European Core Fund for €62 million, highlighting the robust demand for retail space in the city.

Information on the Target

Meyer Bergman European Retail Partners II (MBERP II) has successfully completed the sale of four prime retail properties located in central Copenhagen’s foremost shopping district for €62 million (DKK 460 million). These properties are strategically situated on Købmagergade, a well-known pedestrian shopping street renowned for housing numerous luxury retail brands. The four buildings collectively offer a total retail space of 3,200 square meters, and are fully occupied, showcasing a strong demand for real estate in this prime location.

MBERP II, established in 2012, has focused on assembling a compelling portfolio of high street retail properties in the heart of Copenhagen. Their investment strategy hinged on recognizing the area's substantial growth potential and its attractiveness to international retail brands. This successful transaction exemplifies their adeptness at navigating the urban real estate landscape.

Industry Overview in Denmark

The retail property market in Denmark has been witnessing robust growth, driven by increasing consumer spending and a rising influx of international brands seeking to establish a presence in the capital. Copenhagen, in particular, has emer