AG Gruppen and Home.Earth have entered into a joint venture on AG Gruppen’s 279,000 m2 property on Københavnsvej in Køge, Denmark, in which Home.Earth will become co-owner of the project with an ownership interest of 20%. Together, AG Gruppen and Home.Earth will transform the former factory site, located directly overlooking the scenic Køge Bay, into an attractive and vibrant area for local residents.
The site, which previously served as a production facility, has a historical significance in Køge as it has been a workplace for many of the city’s residents since 1934. Today, the area is designated as a development area in the Municipality of Køge’s latest municipality plan.
Accura has assisted in establishing the joint venture structure between AG Gruppen and Home.Earth.