October 7, 2016 / 7:36 AM / 10 months ago

BRIEF-Heimstaden acquires 105 residential units in Copenhagen

Oct 7 (Reuters) - Heimstaden AB :

* Said on Thursday entered into agreement through its Danish unit Heimstaden Danmark A/S to buy portfolio of 105 residential units in Frederiksberg area in Copenhagen

* Acquisition takes place through company transaction and consists of 105 condominiums located in three buildings

* Sellers are NSF Denmark ApS (part of NREP fund) as well as Northinvest ApS

* Purchase price is about 329 million Danish crowns ($49 million)

* Acquisition will be financed partly with own cash and partly through mortgage loan of about 185 million crowns

* Change of hands takes place on Oct. 14, 2016

Source text for Eikon:

Further company coverage:

$1 = 6.6932 Danish crowns Gdynia Newsroom

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