In April 2020, Hines acquired 121 apartments at Trikotageparken, east Copenhagen, on behalf of the Hines European Core Fund (HECF).
Located in Copenhagen’s Østerbro district in the east of the city, the new homes are part of Bonava’s Trikotageparken development, which has been recognized by the Nordic Swan Ecolabel scheme for high levels of sustainability. To qualify for the Ecolabel, the development must meet strict criteria covering every stage of the building’s life cycle, including materials used and long-term use.
The new homes acquired will consist of one, two and three-bedroom apartments for rent, totaling 113,107 square feet (10,508 square meters) of space across three buildings, and will be completed in Q4 2021.
Trikotageparken was designed by architects Praksis Arkitekter and is named after Julius Hansens Trikotagefabrik, which occupied the site until the 1970s. The development’s future residents will benefit from easy access to local amenities ideal for families and young professionals such as the nearby forest and park, attractive schools, kindergartens and Tuborg Harbour, which serves as a local CBD and home of a Waterfront shopping center.