Amerika Have

Copenhagen, Denmark

Kommanditaktieselskabet Danlink Udvikling (DLU), owned on a 50/50 basis by Udviklingsselskabet By & Havn I/S and TK Development, has developed a project at Amerika Plads in a 50/50 joint venture with AP Pension. The project – Amerika Have – comprises residential units of about 12,000 sqm and business premises of about 500 sqm targeting the general public. A total of 121 high-quality apartments have been constructed, 119 of which have been sold (Q2 2017/18: 119). The process of developing, constructing and selling the project has been highly satisfactory. Most of the units sold were handed over to the respective buyers in Q2 2017/18 and the remaining units in Q3 2017/18. Profits from the sale of the project were recognised as the apartments were handed over.