The acquisitions were made in June and August for a transaction sum of approximately DKK 475 million in total. Following previous acquisitions last December and in February this year, W. P. Carey now has 42 supermarket properties in their portfolio, which are all let to the COOP group.
Lundgrens has assisted as legal advisor to W. P. Carey, and we congratulate W. P. Carey and Coop Danmark A/S on yet another successful transaction. Lundgrens also want to thank EDC International Poul Erik Bech, Howden and Kromann Reumert for a great cooperation in this transaction.
W. P. Carey was founded in 1973 and is providing tailored capital solutions to listed and privately held companies, developers, private equity funds, and their portfolio companies.
Coop Demark A/S is Denmark’s leading consumer goods retailer. They are a cooperative, owned by 1.8 million members.
