Invesco Invests In Third Danish Residential Project
Grønttorvet 16, a new-build investment comprised of 65 units, is the second residential investment Invesco has acquired within the Grønttorvet regeneration scheme and is one of the last to be completed. In October last year, Invesco announced it had acquired Grønttorvet 8 (Primula Hus) including 191
Published -
Jun 30, 2020 4:32 AM
Grønttorvet 16, a new-build investment comprised of 65 units, is the second residential investment Invesco has acquired within the Grønttorvet regeneration scheme and is one of the last to be completed. In October last year, Invesco announced it had acquired Grønttorvet 8 (Primula Hus) including 191 apartments. In addition, Invesco closed at the end of last year, a further residential transaction in the Islands Brygge area in central Copenhagen. The site is being developed by FB Gruppen, which is transforming the old Grønttorvet area into a modern residential district with a strong emphasis on sustainability, the local community and families, and affordable rents, with plans to deliver around 2,500 homes by 2021. With a focus on the creation of amenity and green spaces, the scheme has already received the Public Award from Copenhagen Citizens and a separate award from the Copenhagen Municipality. Once completed, the Grønttorvet development will include a central garden with underground parking, rooftop amenities and individual courtyards, a kindergarten and school as well as elderly care facilities. Sustainability initiatives include solar panels and sedum on the roof, and the widespread use of recycled building materials.
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