Carnegie acted as financial adviser to Carlsberg Byen in the process of securing an agreement with PKA concerning construction financing of real estate development projects with a total financing volume of DKK 2.4bn
Carlsberg Byen has already initiated the construction of parts of the new city district located on Carlsberg former production site in Copenhagen and the financing provided by PKA secures construction financing for the next stage of the development project. Carlsberg Byen is today widely considered one of the most attractive and exciting inner-city regeneration projects in Northern Europe. Carlsberg Byen comprises of approx. 600,000 sqm of floor area when fully developed. The 2.4bn in construction financing from PKA will secure the development of approx. 125,000 sqm of mixed residential, commercial and retail area.