DLA Piper Denmark has assisted Italian asset manager Generali Real Estate in making its first Nordic acquisition

Generali Real Estate has acquired the prime high-street property Købmagergade 39 from a private investor. The property spreads over a total surface of 1.700 sqm.

The transaction marks the first direct asset acquisition ever closed by the company in the Nordics real estate market. The property was built in 1780 and has recently been fully refurbished, and the retail area is fully let to Beauty by Boozt.