- Debuts in the Danish market in a prime location in the capital Copenhagen
- 36 new apartments near the trendy Norbro district
- The property is targeted at DGNB Gold and will begin operation on a green lease.
- NUMA wants to expand by adding more properties in central Copenhagen
Copenhagen/Berlin – NUMA Group, Europe’s leading operator of fully digital hospitality brands, is pleased to announce its expansion into Denmark. NUMA will start with the construction of his 36 new-build units in the trendy Norbro district of Denmark’s capital Copenhagen.
Denmark’s first NUMA property is being developed in partnership with Invesco Real Estate, a US$90 billion global real estate investment management company.
The new NUMA/Invesco property is located at Drejervej 4, 2400 Copenhagen, very close to the Nørrebro district. This popular neighborhood is home to a wide variety of restaurants, cafes, bakeries and bars with a wide range of cultural influences. Similarly, Norbro is known for its independent art galleries and trendy retail stores. Voted “World’s Coolest Neighborhood” by Time Out magazine in 2021, Norbro is a perfect fit for NUMA’s portfolio.
NUMA Copenhagen is just steps from Norbro Train Station, which provides easy access to the city’s main metro, commuter rail and bus lines. The facility will be locally certified with an ESG rating of DGNB Gold and managed by NUMA under a green lease. The property is nearing completion and will feature individually decorated apartments, spacious balconies and a rooftop terrace. It is scheduled to open in the first quarter of 2024.
NUMA Group offers modern travelers innovatively designed apartments and studios that combine the benefits of traditional hotels with the convenience and flexibility of short-term rentals such as Airbnb and Abritel. By leveraging innovative technology solutions, NUMA delivers a premium guest experience and reduces operating costs by up to 60%. NUMA Boutique Apartments are also perfect for long-term stays and remote work thanks to super-fast WiFi.
Dimitri Chandogin, NUMA Group Managing Director, said: “We are delighted to launch NUMA’s highly successful model in Denmark in partnership with Invesco Real Estate with the announcement of our first property. It is an important growth market. Our digital platform leverages automation to make processes more efficient and save significant costs, which is particularly important in the Nordic countries.”
Fredrik Berlin, Director of Nordic Development at NUMA Group, added: NUMA Group currently has more than 5,850 of his design apartments in 28 cities in 11 countries. The company plans to establish a portfolio of several hundred properties in Denmark and is already looking for further hotel and apartment properties in central areas. We’re excited about our goal to revolutionize the industry and establish a whole new generation of lodging for today’s travelers. ”
Rob Johnston, Managing Director, Investment Management, Invesco Real Estate, commented: We are a partner with whom we would like to grow further throughout Europe. This high-quality project is a great complement to our existing residential portfolio in Denmark. He is adjacent to one of the recently completed 100% pre-leased housing projects with 1,200 units. ”
The property was brokered by Nordic Hotel Consulting (NHC) and Rubik Properties as local operating partners of Invesco Real Estate.
About NUMA Group
Berlin-based NUMA Group is a leading European operator of fully digital hospitality platforms. The company offers innovatively designed apartments and boutique studios to modern travelers. NUMA is a trusted partner for investors, owners, and developers with unique technology-based operator solutions that significantly automate operational processes and improve cost efficiency and profitability. NUMA has successfully operated over 5,850 units in major European cities including Berlin, Munich, Rome, Milan, Madrid, Barcelona and Vienna.
For more information, please visit www.umastays.com – Partner.umastays.com.
About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business, with $88.9 billion in real estate assets under management, 612 employees, and 21 regional offices in the United States, Europe, and Asia. Invesco Real Estate has a 40-year investment history, providing core to opportunistic risk management across equity and fixed income real estate strategies, direct real estate and listed real estate for relationships with approximately 500 institutional clients. We have invested aggressively across the return spectrum. During this time. In Europe, Invesco Real Estate has eight offices in London, Munich, Milan, Madrid, Paris, Prague, Luxembourg and Warsaw and employs 194 people. It manages 200 assets in 14 European countries and has assets under management of USD 16.3 billion. Source: Invesco Real Estate as of June 30, 2023.