Wednesday, 18 February 2026
Catella Debt Advisory has advised DWS and CaNk Property Holding on the refinancing of the Bakkekæret residential development in Herlev, Denmark. The refinancing totals approximately DKK 1 billion and follows the completion and leasing of the project.
Bakkekæret comprises 445 rental apartments designed to serve a range of tenant groups, including singles, couples, families and seniors. The development was delivered with sustainability and digital infrastructure targets, receiving DGNB Platinum certification as well as WiredScore Platinum certification for connectivity standards.
After the project reached operational stabilisation, Catella Debt Advisory supported the owners in arranging a refinancing structure intended to align with the asset’s income profile and adjust its capital structure. According to the company, the transaction reflects continued lender interest in large-scale residential assets in the Copenhagen area, particularly those meeting environmental criteria.
Gustav Bjørn, Head of Debt Advisory and Managing Director at Catella Corporate Finance A/S, said the refinancing demonstrated bank appetite for well-located and sustainable residential properties serving broad tenant demand. He added that the asset’s compliance with green financing policies contributed positively to loan pricing and terms.
Catella Corporate Finance stated that the process involved cooperation between multiple financial and advisory parties throughout the transaction.
