SFP Group Strengthens Residential Investment Platform in Denmark with Viga Real Estate and Pictet

SFP Group, through its majority-owned subsidiary Viga and in partnership with Pictet, announces the acquisition of Project Delta, further strengthening the joint venture partnership and bringing the residential investment platform in Denmark to approximately 650 apartments.

Building on the successful completion of Project Gateway, one of the largest residential real estate transactions in the Nordics in 2024, the partnership has expanded its portfolio through the acquisition of Project Delta.

High-Quality Residential Asset in a Prime Copenhagen Location

The project is a high-quality and well-maintained residential property located in Vallensbæk Strand within the Greater Copenhagen area. The asset comprises 96 residential units with a total area of approximately 9 466 sqm across two high-rise buildings. Built in 2007, the property benefits from a prime location with direct access to light rail and S-train connections, providing convenient access to Copenhagen city centre.

The property offers spacious three- and four-room apartments with an average size of approximately 100 sqm, all featuring large integrated balconies with views of Køge Bay, making them particularly attractive to families and senior residents. The Vallensbæk Strand area is characterised by strong demographic growth, limited future supply, and proximity to both urban amenities and coastal environments, supporting sustained demand for quality housing. As a result, the partnership now comprises close to 650 apartments in attractive locations in Greater Copenhagen.

Expanding a Successful Partnership

Linus Nilsson, Head of Nordics, Real Estate at Pictet Alternative Advisors, says: “We’re excited about adding an additional 96 high-quality residential units to our standing residential portfolio in Copenhagen and to further expand our successful collaboration with Viga Real Estate. This acquisition is underpinned by our continuous belief in the Copenhagen residential market, fuelled by a lack of supply and a very dynamic local economy.”

Adrian Murer, Group CEO of SFP Group, also welcomes the continued development of the successful partnership with Pictet through its majority-owned subsidiary Viga:

“This transaction represents another important milestone in the development of the joint venture and is a significant addition to Viga’s growing investment portfolio. It is fully aligned with our international growth strategy and supports our ambition to build a scalable investment platform that creates long-term value for our investors.”