Prime Office launches phased sale of German residential portfolio in controlled process

Reuters2026/08/12 15:25

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Prime Office launched a phased sale of its German property portfolio while continuing the Mejlbryggen residential development in Aarhus unchanged.
First stage targets its 59%-owned K/S Danske Immobilien portfolio of about 3,400 homes in northern Germany via staged, geographically prioritized disposals.
MC Property Fund wind-down continues; 42 of the original 58 properties have already been sold individually.
German office properties are slated for sale in a subsequent phase.
Potential proceeds earmarked for debt reduction, shareholder distributions, share buybacks, or additional Danish investments; 2026 outlook unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prime Office A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608120959OMX_____CNEWS_DA_GNW1001257294_da) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Prime Office launches phased sale of German residential portfolio in controlled process

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