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Nordic Update

NREP buys food court – plans new hotel

Publicerad: 2 november 2018, 16:29

Nyhavn, Copenhagen.

Foto: iStock

Nordic fund manager NREP has acquired Westmarket, a Copenhagen food court, for an undisclosed amount. The food court was closed last August by its previous owner, Estate Media reports, and NREP’s plan is to convert it into a hotel.

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The construction work will commence in the beginning of 2019 and is expected to be completed in the first half of 2020 and NREP has signed a 25-year long lease with an international hotel brand, that will open its first hotel in Denmark.


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