Aberdeen has recently experienced very positive interest from a number of foreign investors wishing to include Danish properties in their international portfolio. With the latest capital increase foreign investors represent approximately 40 per cent of the fund’s shareholders.
Tonny Nielsen, Managing Director of Aberdeen Property Investors Denmark commented: “This investment shows the positive sentiment towards investment in Danish property which is expected to perform better than other European countries this year. As a result, we will continue to see an attractive pricing of Danish properties."
“As well as the new foreign investor, two existing investors have placed further capital in our property fund. We regard this as a sign that our investors are pleased with how we manage their invested capital, and this brings us one step closer to achieving our goal of being the preferred manager of property investments in Denmark”, he continued.
The capital increase brings the total equity of API Property Fund Denmark P/S to approx. DKK 900 million (€120 million).
For more information, please contact:
Tonny Nielsen, Managing Director Denmark
Tel: +45 33 30 88 80, Mobile: +45 21 43 09 96
E-mail: tonny.nielsen@aberdeenpropertyinvestors.com
Ubbe Strihagen, International Director Tel: +46 8 412 8039
E-mail: ubbe.strihagen@aberdeenpropertyinvestors.com
About API Property Fund Denmark P/S
API Property Fund Denmark P/S invests in commercial properties in Denmark, with a particular focus on office properties in the Greater Copenhagen area. The value of the property portfolio amounts to DKK 1.5 billion (€200 million). The property fund is a limited partnership with presently 29 investors in which each shareholder is only liable for the capital contributed. The property fund is open for subscriptions at the end of each calendar quarter. Aberdeen Property Investors Denmark A/S manages the property fund.
About Aberdeen Property Investors
Aberdeen Property Investors is one of Europe’s leading property investment managers with over €8 billion in property investments through property funds and management mandates across Europe.
Aberdeen Property Investors has more than 500 employees at offices in Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Norway, Sweden and the United Kingdom. Clients are primarily institutional investors such as life and pension funds.
Aberdeen Property Investors is part of Aberdeen Asset Management PLC (Aberdeen) an international investment management group listed on the London Stock Exchange with asset management activities in bonds, equities and property.
Issued and approved by Aberdeen Asset Managers Limited, on behalf of Aberdeen Property Investors. Aberdeen Asset Managers Limited is authorised and regulated by the Financial Services Authority.