Artha invests in yet another real estate project: Pulling a 10 percent return

The Danish wealth manager has purchased a residential property in coastal town Rungsted, north of Copenhagen. A 10 percent return is a sweet deal in the current market, CEO says to EjendomsWatch. The transaction value remains undisclosed but estimates are close to EUR 10m.

Jan Severin Sølbæk er adm. direktør for og stifter af selskabet Artha. | Photo: PR

The real estate Rungsted Husene has been sold to asset manager Artha from Denmark.

The property in question is a residential real estate totaling 1,700 sqm comprising 16 residential units in Rungsted, a high-end coastal town north of Copenhagen, Artha CEO and Founder Jan Severin Sølbæk explains to EjendomsWatch.

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