We are delighted to complete a residential development project in Greater Copenhagen with the team at Invesco Real Estate in line with the core business of RUBIK Properties being an operating partner for international investors.
Vejlesvinget in Vallensbæk has been acquired from the developer 1927 Estate on behalf of Invesco’s strategic opportunities investment programme, and consists of 163 new build apartments with an average size of 78 sqm split over two buildings of between two and six floors extending to 6,515 sqm (83 units) and 6,245 sqm (80 units). The project is located in a recently developed area and will be one of the last remaining industrial/commercial properties to be redeveloped and will be delivered on a turnkey basis, with completion expected in Q4 2022. The development prioritizes sustainability measures such as DGNB.
Thanks to Invesco Real Estate for entrusting RUBIK Properties as their local partner and to Accura law firm, NIRAS and PWC for buy-side advice.
[RUBIK Properties – an operating partner for international investors]