27 06 2016

Catella financial advisor in complex joint venture on new artificial island in Copenhagen
Catella has acted as financial advisor on a strategic joint venture between Danish pension fund PensionDanmark, developer Nordkranen A/S Ejendomsudviklingsselskab, and CPH City & Port Development, owned by the Municipality of Copenhagen and the Danish gov

Catella advised PensionDanmark and Nordkranen, securing both equity and construction debt financing provided by institutional non-bank financing. The project consists of 32,300 m2 of residential space, 600 m2 of commercial space and 1,000 underground parking spaces on a new artificial island to be...

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