ABOUT CONSORT PROPERTY GROUP
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CONSORT PROPERTY GROUP, 3 DECADES OF PROPERTY INVESTMENTS IN COPENHAGEN AND BERLIN
Consort is a privately owned property company, which was founded in 1992 with the purpose of buying up housing estates and real estate projects in the Copenhagen area. In the start-up years more than 100 single family houses were bought up.
From 1993 to 2000 Consort invested in another 500 housing units in Copenhagen and surroundings. Also business properties were bought up for development and conversion into condominiums and rental houses.
In 2004 Consort sold the last part of the company’s Danish property portfolio, and from 2004 to 2009 Consort developed housing projects on an ad-hoc basis with close partners, i.e. Otto Bruuns Foundation.
In 2009 the company Consort Kbh. A/S was established with a view to buying up blocks in the Copenhagen city center. The portfolio of rental houses has later been sold out, and at present the company developes and modernizes a larger office domicile at Svanemoellen Bay in Copenhagen.
In the period after the crises in 2008 Consort invested in 53 condominiums at the harbour in Holbaek, and 4 properties in Copenhagen. These projects were sold after they were fully developed.
In 2010 Consort reestablished its bonds department by acquiring several private loan notes portfolios in default. The portfolio is continuously expanded.
In 2014 Consort entered into partnership with Pensam Liv lnsurance Company and developed the former WHO headquarters by Svanemoellen Bay in Copenhagen. Consort has been responsible for the development of the project, from local plan to realization.
The project is finished and has been delivered to the real estate company Heimstaden as a turn-key project on February 1, 2019, where the first tenants also moved in.
In 2015 24 condominiums and a Lidi supermarket were built in cooperation with Solroed Strandvej A/S, located on Solroed Strandvej south of Copenhagen.
CONSORT IN BERLIN
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Consort has from its office in Berlin developed, built and marketed more than 100 apartments in Berlin and in Potsdam. In 2008 a property administration company was established in Berlin, Consort Haus, with local know-how and personel.
In 2011 Consort acquired the Hotel Mercure Check point Charlie, a 4 star hotel with 147 rooms in the Berlin city center. The hotel was sold to Accor Hotels in 2018.
With its conservative approach to the property market, the Consort Property Group has not been positioned on the markets affected by property bubbles. This, combined with a conservative financial structure and selective property selection means, that Consort is well consolidated and ready to enter into new investments.
With its conservative approach to the property market, the Consort Property Group has not been positioned on the markets affected by property bubbles. This, combined with a conservative financial structure and selective property selection means, that Consort is well consolidated and ready to enter into new investments.
Consort PROPERTY GROUP
Scherfigsvej 10
DK-2100 Copenhagen OE
Tlf. +45 33 13 64 11
CVR nr. 15 88 39 44
www.consort.dk
FINISHED PROJECTS
Solroed Strandvej
Scherfigshave
Koldinggade
Store Strandstraede
Copyright Consort Property Group 2019
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