Denmark — After seven years of management and development, Niam has now sold the 27-story Crowne Plaza hotel property in Copenhagen to Capman and the Danish pension fund AP Pension. The companies have chosen not to communicate any purchase price for the 29,089 square meter property, which includes 366 rooms, but Erik Rydström, Fund Manager at Niam Real Estate, tells Nordic Property News why they chose to sell now, what the market interest was like and what the company itself is looking for in terms of assets going forward.

Nordic — Global investment management group, Patrizia, launches a new Sustainable Communities fund targeting EUR 500M equity, where the Danish pension funds AP and PKA have already committed a total of EUR 125M. Mads Rude, Senior Managing Director and head of Patrizia Global Partners, tells Nordic Property News about the goals for the new fund, the dual strategy, where in the Nordics they are looking for investments and about the possibility of more Nordic investors in the fund.