Nykredit has chosen to enter into negotiations with AP Pension to realise its plans for new headquarters in Nordhavn, Copenhagen.

The Danish insurer decided to open conversation with AP Pension after a tendering process sent to its minority shareholders in October 2018, and in continuation of the project, AP Pension is looking to establish its own headquarters in the same building.

The new headquarters will be 28,000 square meters and will be able to house 1650 employees. This way, the company’s employees, which are currently split across three buildings, will be united.

Commenting on the negotiations, Nykredit deputy director Martin von Horsten said: “AP Pension has presented an exciting solution for Nykredit’s new head office, after a collective assessment of the parameters that are the most important for Nykredit in regards to a coming domicile.”

The build is expected to start in early 2020, and the offices will open in the second half of 2022.

AP Pension said it is excited to enter negotiations to realise the project and build its own headquarters in extension of the construction.

AP Pension CEO Bo Normann Rasmussen said: “I am incredibly proud that our property company has presented a project which the board of Nykredit deems so strong that we have entered negotiations to realise it.

AP Pension’s headquarters will house 500 employees as the company has outgrown its own offices after the acquisition of Skandia Danmark.

The proposal is draw by PLH Architects and is being described as a modern functional property which respects its surroundings and at the same time aims to incorporate sustainability and social responsibility in several different aspects.

AP Ejendomme CEO Peter Olsson commented: “That Nykredit has chosen to enter negotiations over our project proposal is pleasing. That we at the same time get the opportunity to establish offices which will house our own headquarters makes the joy even bigger.”

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