Aberdeen Standard Investments takes over problematic high-rise real estate project in Denmark

The land for what is set to become Denmark's tallest residential building just changed hands. Aberdeen Standard Investments is now the owner of the coming 94-meter high-rise project in the Danish city of Aarhus. The project has undergone several changes since it was announced four years ago.

by MATHIAS BLÆDEL LORENZEN

UK-based asset management group Aberdeen Standard Investments will be in charge of building Denmark's tallest residential development in the northern part of Denmark's second-largest city, Aarhus. The project has been underway for several years.

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Aberdeen Standard Investments takes over problematic high-rise real estate project in Denmark

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Aberdeen Standard Investments sheds light on real estate divestment plans

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager