COPENHAGEN: The Danish pension company Danica has purchased the historic Copenhagen Postal Terminal buildings for 925 million kroner. The protected building which built in 1910 and located on Tietgensgade next to Copenhagen Central Station has been the central postal distribution centre for the national postal service Post Danmark, a subsidiary of Post Nord, for decades.
”We are very satisfied to have signed a deal with Danica Pension that has the vision to develop the property and create a new city district,” said Håkan Ericsson, the CEO of PostNord.
Danica and Blackrock have big plans for the nearly 100,000 sqm building and are set to invest 5 billion kroner to transform the postal headquarters into a massive office and business center over the next 10-15 years.”We think that when it’s finished, 30,000-50,000 people will pass through the center every day,” Peter Mering, the head of real estate at Danica, told Børsen business newspaper.
