In 2017, Hines and German investment company Universal-Investment acquired five prime high-street retail assets with associated office and residential components located on the Strøget in central Copenhagen on behalf of the Bayerische Versorgungskammer (BVK) account.
The Copenhagen portfolio comprises five prime retail assets combining 11,700 square meters in the heart of the cityâs retail core. Three buildings in the portfolio are located on Købmagergade, a prime pedestrian shopping street and home to many of the cityâs luxury brands. The remaining two assets are located in the historic retail precinct, the Strøget, one of the worldâs longest pedestrian shopping streets. The five assets include a mix of international and domestic retail tenants.