Carlyle forms Danish alliance

US private equity group Carlyle has teamed up with Danish developer Nordkranen to buy 430,560 sq ft (40,000 sq m) of land from the Port of Copenhagen for the development of 400 flats. Carlyle and Nordkranen will invest a total of ¤130m (£87m) in the project, at Islands Brygge South. ...

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