Bech-Bruun advises Meyer Bergman on the sale of Copenhagen high-street properties
Bech-Bruun has assisted the London-based investment manager Meyer Bergman in the latter's sale of four Copenhagen high-street properties.
According to ejendomswatch.dk the four properties located at the Copenhagen pedestrian high street "Strøget" were sold at a total price of EUR 62m (approx. DKK 460m) to Hines, the international real-estate firm. Meyer Bergman acquired the properties in 2012, taking possession of more than 3,200 square metres at Købmagergade. None of the four properties is currently vacant.
Meyer Bergman has been working on improving and developing the properties since 2012 through the value-add fund Meyer Bergman European Retail Partners II. After the sale, the properties will be placed in Hines's Pan-European Cored Fund (HECF).
Read more about the sale at ejendomswatch.dk or estatemedia.dk