Discontinuing activities

The Group’s discontinuing activities comprise the operation of the Group’s completed properties and investment properties as well as land and development projects on the markets where the Group wishes to eventually discontinue its activities.

 

The Group’s discontinuing activities will be divested as soon as possible in order to free up capital and focus on property development activities in Denmark and Sweden.

 

The net proceeds from the sale of discontinuing activities will be distributed to the Company’s shareholders.

 

List of completed properties

Below please find an outline of the Group's wholly and partly owned properties in operation. The list corresponds to the latest published announcement of financial statements.
 

Name	Country	Type	m2	TK
Projects in wholly owned companies Completed projects
Sillebroen, Frederikssund	Denmark	Shopping centre	26400	100 %
Galeria Sandecja, Nowy Sącz	Poland	Shopping centre	17500	100 %
Aabenraa	Denmark	Retail park	4200	100 %
Brønderslev	Denmark	Retail property	1200	100 %
Investment properties
German investment property	Germany	Mixed	14000	100 %
Projects in joint ventures
Ringsted Outlet	Denmark	Outlet centre	13200	50 %
BROEN Shopping, Esbjerg	Denmark	Retail	29800	35 %
Amerika Plads, underground car park	Denmark	Car park	32000	50 %