Catella and Barings launch affordable housing project in Copenhagen

Catella has partnered with Barings, a global real estate investment manager, to develop an affordable housing project in Herlev, a suburb of Copenhagen. The project, called Vega, will deliver 269 apartments and aims to address local housing demand while meeting high environmental and social standards.

Vega will incorporate low-emission materials, energy-efficient systems, and infrastructure for electric vehicles and shared mobility. It is designed to support multi-generational living and promote long-term affordability.

This collaboration marks Barings’ first real estate investment in Denmark. Andreas Norberg, Head of Nordics at Barings, highlighted the value of working with a local partner experienced in Copenhagen’s residential sector.

Vega is located next to Catella’s earlier development, GreenPoint, a 445-unit residential complex scheduled for completion in late 2025. GreenPoint has received both DGNB Platinum and WiredScore Home Platinum certifications, reflecting high standards in sustainability and digital connectivity.

The project is part of Catella’s Principal Investments strategy, which focuses on equity investments, co-investments, and partnerships to grow assets and recurring revenue.