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New Danica Real Estate CEO plans more active ownership of assets

With one of the biggest Danish real estate trades in decades – ATP's acquisition of half of Danica's shopping center portfolio – a more offensive strategy with highly active owners is ushered in, says the new Chief Executive of Danica Real Estate, André Scharf.

André Scharf, Chief Executive of Danica Real Estate. | Photo: PR

The Danske Bank owned pension provider Danica Pension has just collected a significant billion-kroner sum after completing one of the biggest Danish real estate trades in decades – the sale of half of Danica's portfolio of 16 shopping centers at a price of almost DKK 7 billion (EUR 940 million), to pension fund ATP. The centers throughout the country have a total area of ​​400,000 sq.m. and 1,100 leases, which are visited annually by 60 million customers.

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