Copenhagen, 2 November 2026

PRESS RELEASE

Gefion Group acquires Niels Juels Gade 5 – landmark property with significant development potential in the heart of Copenhagen

Gefion Group has acquired the landmark property at Niels Juels Gade 5 in central Copenhagen from Jeudan. The property enjoys a prime location directly opposite the National Bank of Denmark and already has a building permit for conversion into a hotel. Gefion sees significant potential in the property and will now explore opportunities for its future development.

Niels Juels Gade 5 is situated at one of Copenhagen's most central addresses, just a few minutes' walk from Kongens Nytorv, Strøget and Copenhagen Harbour. With its classic architecture and attractive location, the property offers exciting opportunities for transformation. A building permit for hotel use has already been granted, while the local development plan also allows for residential use.

"Opportunities to acquire a property in such a central and attractive location in Copenhagen do not come along every day. Niels Juels Gade 5 is an exceptional property with significant potential, and the existing building permit for hotel use provides us with a strong starting point. We have extensive experience in identifying opportunities in existing properties and creating value through development and transformation, and we look forward to exploring the possibilities this property offers," says Thomas W. Færch, CEO of Gefion Group.

Jeudan also expresses satisfaction with the transaction.

"We continuously assess Jeudan's properties in relation to our strategic priorities and commercial opportunities. The sale of Niels Juels Gade 5 is the result of a constructive process with a long-term perspective. The transaction provides a solid foundation for the property's future development," says Per W. Hallgren, CEO of Jeudan.

A familiar neighbourhood and extensive experience in property transformation

Niels Juels Gade holds particular significance for Gefion Group. The company has been based near Kongens Nytorv almost since its establishment 14 years ago and has previously developed and sold the properties at Niels Juels Gade 9–11. Earlier in October, Gefion also acquired the neighbouring property at Niels Juels Gade 7.

The acquisition of No. 5 is a natural continuation of Gefion's longstanding experience in transforming existing properties. Over the years, the company has completed numerous projects in which existing buildings have been given new life and new uses, while respecting their original qualities.

About Gefion Group

Gefion Group is one of Copenhagen's largest private property developers, with a focus on residential development. Since 2013, the company has developed more than 2,700 homes in Greater Copenhagen, including over 1,500 homes created through the conversion of former commercial properties. Gefion Group develops all types of residential properties and has more than 3,000 new homes in the pipeline in Copenhagen and the surrounding areas.

For further information, please contact:

Gefion Group A/S
Thomas W. Færch, CEO
twf@gefiongroup.com

Key Facts