Alma and Kristensen expand Copenhagen high-street portfolio

Alma Property Partners and Kristensen Properties have acquired another prominent mixed-use retail and office property in the heart of Copenhagen. Located at Købmagergade 62 and Pustervig 4, the combined property comprises more than 4,300 sqm and hosts a strong tenant mix including 7-Eleven, Neye, Louis Nielsen, Maanesten and CIEE. The seller is Dansk Ejendomsfond I, a consortium owned by the Danish pension funds PBU, AP Pension, and Velliv.

The acquisition is the third high-street property investment made by Alma and Kristensen following the acquisitions of the properties Frederiksberggade 38 and Frederiksberggade 16 in 2024. It reflects the positive development of the Købmagergade area, which has been characterized by improving retail occupancy and is now further strengthened by the arrival of flagship tenants, including the Salling department store opening adjacent to the property.

Hüseyin Meric, Partner at Alma Property Partners, comments: ”We currently see attractive risk-adjusted investment opportunities within the high-street segment that combines strong cash flow with clear value-add potential in a retail market that is showing positive momentum.”

Jeppe Lynge Larsen, CEO at Kristensen Properties, adds: “We are pleased to expand the collaboration with Alma Property Partners with a particular focus on high-street locations. The property’s clear value-add opportunities will be implemented over the coming years, a task we look forward to executing in partnership with Alma.”

Alma Property Partners and Kristensen Properties were advised by Accura, PwC, VITA, Skel.dk, Cushman & Wakefield RED and JLL.

The seller, Dansk Ejendomsfond I, was advised by CBRE, Bruun & Hjejle and Brinch Estate.

Contact - Alma Property Partners:
Hüseyin Meric, Partner
huseyin.meric@almaproperty.dk
+45 3165 0042

Contact - Kristensen Properties:
Jeppe Lynge Larsen, CEO
jll@kristensenproperties.dk
+45 2015 5053