Property at Ørbækvej 232
Search documents
Acquisition of Property Located at Ørbækvej 232, 5220 Odense SØ, Denmark
Globenewswire· 2025-11-20 09:59
Acquisition Details - A specially purpose vehicle (SPV) has acquired a property located at Ørbækvej 232, 5220 Odense SØ, Denmark for EUR 3,358,000 (DKK 25,050,000) excluding acquisition costs, with ownership transfer effective as of 31 December 2025 [1] - The acquisition is fully financed by Ringkjøbing Landbobank [1] Lease Agreement - The property is leased to Burger King (Nordic Service Partners A/S) under a non-terminable lease agreement running until 1 October 2036, providing an annual net rental income of approximately EUR 215,000 (DKK 1,600,000) [2] - Following final registration, the SPV will be a 100% owned subsidiary of German High Street Properties A/S [2]