The trading and investment specialist, Saxo Bank has entered its property investment sector, Saxo Properties, into a joint venture with the pan European real estate fund, Resolution Real Estate Advisers LLP “Resolution Property”. The Joint Venture, which is already targeting its first purchases, will focus on co-investing up to approximately €250 million in the central business district of Copenhagen.
The investment will target residential and mixed use, residential and commercial buildings which will benefit from the application of intensive asset management, including refurbishment and the repositioning of occupiers – the new venture is expected to have a life of three to five years with the emphasis on income growth and capital gains. Read more
