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Rødovre Port

Goldman Sachs acquires majority stake in Rødovre Port

 

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Goldman Sachs acquires majority stake in Rødovre Port

Goldman Sachs International is entering the Danish real estate market with an investment in Rødovre Port which has been developed by Gefion Group over the past two years.

Rødovre Port is a 37,500 square metres residential and commercial project at Rødovre Station. Over the next few years, 534 homes, 4,300 square metres of shops and offices and 200 parking spaces will be constructed. It will be a brand new urban area in Rødovre which will house up to 1,000 residents in newly constructed flats.

The project will be Goldman Sachs’ first major real estate investment in Denmark.

The transaction was concluded on 12 December 2019.

Accura assisted Goldman Sachs in connection with the transaction.

For further information about the transaction, please refer to the following press release.