06. Februar 2012     Print Print 

Saxo Properties acquires Copenhagen landmark with Meghraj

Saxo Properties A/S, in association with London based Meghraj has acquired a Copenhagen landmark, the former Royal Danish Conservatory of Music. They acted jointly on behalf of a group of private investors. The seller of the property is Freja A/S, the governmental property company.

The landmark property, in the heart of Copenhagen, consists of two buildings located on the corner of H.C. Andersens Boulevared 36 and Niels Brocks Gade 1. totalling 7632 square meters. The buildings were built at the turn of the twentieth century.

The two buildings will undergo a comprehensive renovation worth approximately DKK 80 million, restoring the exterior to a classic Copenhagen style, whilst the interiors will be contemporary and inviting, with plenty of natural light.

The new owners are collaborating with Aarstiderne Arkitekter to develop the project which will commence in the near future. The leasing process has already begun.