Analysis: 62% of single family offices in Denmark invest in real estate [2024]

Analysis: 62% of single family offices in Denmark invest in real estate [2024]

We created this article as part of our research process for our European single-family office database. Here, we are investigating the share of Danish single-family offices investing in real estate, e.g. by directly acquiring properties or working on project developments.

In total, 17 single family offices in Denmark have a Real Estate Focus. This represents a share of 62%.

Denmark, a Scandinavian country in Northern Europe, presents an attractive market for real estate investment. The country’s stable economy, strong property rights, and high standard of living make it a desirable destination for both domestic and international investors. The Danish residential market has been notably buoyant over recent years. Copenhagen, Denmark’s capital city, is particularly popular among investors due to its vibrant economy and growing population. In addition to this, there are also opportunities in other cities such as Aarhus and Odense which have seen significant growth in recent years.

Most Danish single-family offices investing in real estate have their headquarters in Copenhagen, which is also one of the investment hotspots of the property market.

Kirkbi A/S: Single-family office from Denmark with strong real estate investment focus

One of the Danish family offices investing is Kirkbi A/S. Kirkbi serves as the family office of the Kjeld Kirk Kristiansen family, which is most known for the toy company Lego. The family office is based in Billund.

The family office divides its investment areas in “Core Capital” and “Thematic Capital”. Within the “Core Capital” section, Kirkbi also pursues real estate investments. Kirkbi invests in whole Europe: in Spreitenbach, Switzerland, the family office realizes a project development called “Ecopark Tivoli”. Furthermore, the family office acquired a major office building in Copenhagen from Levring & Levring. Kirkbi is looking in whole Europe for investment opportunities and belongs to the most important real estate family office investors in Europe.

You might also like the list of the largest real estate investors in the Nordics from our partner portal Researchgermany.

Picture source: Nick Karvounis

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