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Deal Date: 14-04-2015 Practice Area: International Finance and Bank Credit
Deal Title: PKA Financing for Carlsberg Byen Development Phase Industry: Real Estate Investment & Services
Description:
With a loan of DKK 2.4bn from the pension company PKA, Carlsberg Byen found funding for the development of the next major phase of the district. When Carlsberg Byen would be fully developed, the total floor area of the district was planned to consist of approx. 600,000 square metres of mixed constructions where the old, preservation-worthy buildings would be mixed with new buildings, including approx. 3,000 residential units, varied shopping life, cultural offers, restaurants, cafes, offices, liberal professions, sports facilities and institutions. Accura advised PKA.
Financial Center: Copenhagen Value: 100.01-500.00
Advised Party: Lender Law Firm
Real Estate Jurisdiction Denmark Real Estate Jurisdiction Denmark
Classification: Real Estate Finance
Syndicated and Bilateral Loans Bilateral Loans
Lawyer Jon Dyhre Hansen