The majority of the space is leased to historic department store operator Illum on a 15 year basis while MGPA also intends to create high street retail units, including flagship stores for international retailers.
Laurent Luccioni, Chief Executive of MGPA in Europe commented; "MGPA is very pleased to be purchasing such a high quality and iconic Danish asset.
Through its network of offices in Europe and Asia, MGPA currently manages approximately US$10 billion in assets throughout these two regions.
We're delighted to have assisted MGPA on these transactions," said Tokyo partner Leng-Fong Lai.
MGPA is a private equity real estate investment company focused on investments in Asia Pacific and Europe, with approximately US$12billion in assets under management.
MGPA Managing Director Alex Jeffrey said the company was delighted that Sony has chosen MGPA as its real estate partner for the portfolio.
Through its headquarters in Bermuda and network of offices in Hong Kong, Tokyo, Seoul, London and Luxembourg, MGPA manages $1.
Through its headquarters in Bermuda and network of offices throughout Europe and Asia, MGPA
currently manages US$10 billion in assets throughout these two regions.
The addition of such a well-known local company has given MGPA
the catalyst to pursue a sub-division and to increase the profile of the park.
Headquartered in Bermuda and with a team of more than 30 people located in London, Luxembourg, Tokyo, Hong Kong and Seoul, MGPA will advise Lend Lease Global Properties SICAF (GF1), which is fully invested in a diverse range of properties across Europe and Asia with assets under management of $US1.
Chairman and Chief Executive Officer of Macquarie Global Property Advisors, James Quille, said the joint venture with Macquarie Property is an excellent opportunity for MGPA to grow its business through the support and global infrastructure of a major institution like the Macquarie group.
is an independently managed private equity real estate investment advisory company focused on real estate investment in Europe and Asia.