Accura has advised on the establishment of a joint venture between real estate investment firms GREYKITE and Brunswick Real Estate (“Brunswick”). The joint venture is established as a platform called “Danske Homes”, which is a new purpose-built Danish single-family rental housing platform.
Accura also advised the joint venture on the due diligence, negotiation and conclusion of transaction documents for the first seed projects comprising approx. 300 units, which will be built across two sites in the Trige and Lisbjerg areas of Aarhus, Denmark. The first two projects are selected for their proximity to top-tier amenities, including high-quality daycare, elementary schools and public transport connectivity.
The joint venture targets purpose-built single-family developments, and, over the next 18 months, the partners aim to expand the platform across Denmark, focusing on the country’s largest cities.