Project Westfield

PROJECT WESTFIELD

PORTFOLIO WITH POTENTIAL

RENT POTENTIAL DRIVEN IN PART BY STRONG, SOUGHT AFTER MICROLOCATIONS

RESIDENTIAL PORTFOLIO WITH RESILIENT AND INFLATION-LINKED CASH FLOWS

1,800

1,750

1,700

100% Open market rent

100% CPI-linked leases

1,650

1,600

1,550

1,500

1,450

100% Of the portfolio expected to be operational

95% Portfolio occupancy rate

1,400

Skjeberg Allé

Emiliehaven

Solviften

Trylleskoven

Avg. current rent

Avg. market rent

Note: The average current rent is as per rent roll date (27 June 2023). The market rent is estimated by Colliers. Source: The Client, Colliers

Note: Portfolio occupancy rate is excluding Solviften, which is under construction. As per the rent roll date (27 June 2023), 56% of the property’s flats are let.

We estimate a rental potential of approximately DKK 50 per sq m for Skjeberg Allé, approximately DKK 135 per sq m for Emiliehaven and approximately DKK 25 per sq m for Solviften.

The portfolio, which is expected to be fully con structed before closing, has a 95% occupancy rate for the standing assets as of 27 June 2023. The properties are 100% inflation-linked and are let on market terms.

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