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ATP steps out into residential with Copenhagen homes deal

The first step of ATP's long-awaited residential real estate strategy it taking shape, with the Danish pension fund taking over a debt-ridden company with the necessary space and building rights. Deas has been appointed to manage the properties.

Photo: PR.

ATP Real Estate is now entering the housing market, investing in a project to build 150 rental apartments, a hotel and a carpark in Ørestad in southeastern Copenhagen, according to EjendomsWatch, an AMWatch sister site.

ATP confirmed the plans in a press release on Thursday, saying a fast food restaurant is part of the plan.

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