Hines and Universal-Investment acquire prime Copenhagen properties for  €119m

Copenhagen retail street

Hines, along with German investment company Universal-Investment, has completed the acquisition of five prime high street retail assets in Copenhagen from Avignon Capital for €119m (£98.04m) on behalf of the German pension fund scheme, Bayerische Versorgungskammer (BVK)’s €1.3bn (£1.13bn) separate account.

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