The Group’s discontinuing activities comprise the operation of the Group’s completed properties and investment properties as well as land and development projects on the markets where the Group wishes to eventually discontinue its activities.
The Group’s discontinuing activities will be divested as soon as possible in order to free up capital and focus on property development activities in Denmark and Sweden.
The net proceeds from the sale of discontinuing activities will be distributed to the Company’s shareholders.
Below please find an outline of the Group's wholly and partly owned properties in operation. The list corresponds to the latest published announcement of financial statements.
Projects in wholly owned companies
|Sillebroen, Frederikssund||Denmark||Shopping centre||26400||100 %|
|Galeria Sandecja, Nowy Sącz||Poland||Shopping centre||17500||100 %|
|Aabenraa||Denmark||Retail park||4200||100 %|
|Brønderslev||Denmark||Retail property||1200||100 %|
|German investment property||Germany||Mixed||14000||100 %|
Projects in joint ventures
|Ringsted Outlet||Denmark||Outlet centre||13200||50 %|
|BROEN Shopping, Esbjerg||Denmark||Retail||29800||35 %|
|Amerika Plads, underground car park||Denmark||Car park||32000||50 %|