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‘Vogterhus’ in Odense sold to Aberdeen Standard Investments

The residential property Vogterhus, which is situated in the very heart of Odense, has been acquired by Aberdeen Standard Investments. Colliers facilitated the sale on behalf of the NREP and Reitan Ejendomsudvikling.

Vogterhus is a newly-developed residential property in central Odense, comprising a total GLA of some 25,000 sq m, distributed on 168 residential units, four retail units and a two-storey underground parking facility. The commercial part of the property is fully let to a diversified mix of well-established retail concepts and a leading parking management company with a WAULT of more than 12 years.

”We are proud of having facilitated the sale of Vogterhus, which is one of the most significant single-asset transactions in Odense in recent years. Aberdeen Standard Investments is a well-established and respected international investor, and the specific fund is investing with a long-term perspective. The transaction therefore once again confirms Odense’s relevance as a strategic macro location,” says Frederik Møllebjerg, Director of Colliers Capital Markets.

Rising interest from abroad

The transaction was concluded in cooperation with Colliers’ local office in Odense. Partner and Director, Martin Pedersen sees growing demand from international investors:

”We are experiencing a large increase in the interest for our area from international players and we have in 2020 facilitated the sale of several significant properties on Funen to international buyers on the buyer-side. The international investor segment often emphasizes the importance of the fact that Odense is the third largest city in Denmark and that it has a central location, a large market for tourism, and an innovative environment in connection with e.g. robot technology, the University of Southern Denmark and the New University Hospital in Odense,” says Martin Pedersen.


Related Experts

Frederik Nørr Møllebjerg

Director, Capital Markets

Copenhagen

Frederik offers general strategic advice as well as transaction advisory services in connection with acquisitions and divestments of high-volume real estate assets and real estate-related companies. 

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Martin Pedersen

Senior Director | Partner

Odense

Martin’s primary areas of expertise are sale and letting of investment properties.

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