Galleri K
Strategic significance
Seizing opportunities others missed
With 8,000 square meters of empty office space, Galleri K, a prime property in central Copenhagen, was an interesting and complex case. Through a clear plan the property was transformed into a core asset with zero vacancies and high-quality tenants.
Vision and development
Creating high-end office spaces in a prime location
When we took over the management of Galleri K, the property had a lot of underutilized space. Our vision was to breathe new life into the office landscape of inner Copenhagen by developing high-end, modern offices that matched the building’s prestigious location.
We saw an opportunity to attract top-tier tenants, and our focus on delivering high-quality spaces led to great results for both Aviva and PSP.
Enhancing the city
While creating value for our investors was a primary goal, we also wanted to give something back to the city. Galleri K presented an opportunity to create a vibrant new urban area within Copenhagen, contributing to the city’s growth and charm.
Key development initiatives
Activating vacant spaces
One of the tasks was how to activate the vacant spaces and make the property more attractive to visitors. We renovated all the vacant commercial rental spaces. By working closely with a restaurateur already established in the building, we identified synergies to enhance both the restaurant’s operations and the street appeal of Galleri K.
Optimizing existing tenants
We also looked at how to optimize space for existing tenants. By relocating and adapting their needs, we were able to meet their evolving requirements while making the property more functional overall. This flexibility ensured tenant satisfaction and long-term stability for the property.
Revitalizing the rooftop terrace
An underutilized rooftop terrace was transformed into a green oasis, offering an outdoor retreat for office tenants. This renovation added value to the office spaces, creating a unique feature for tenants to enjoy—a breath of fresh air amidst the busy city.
Architectural and design highlights
Preserving heritage while adding modern touches
A key part of the renovation involved maintaining the historical integrity of Galleri K while adding modern functionality. We renovated several staircases, carefully blending old architectural details with a fresh, contemporary design. This balance between preserving the past and embracing the future was central to our approach in redeveloping Galleri K.
Long-term impact
Contributing to the city’s growth
The improvements made to Galleri K were not just about maximizing returns for investors but also about enhancing the surrounding urban environment. We contributed to make the area more lively, functional, and enjoyable for both tenants and visitors. By fostering a strong connection between the property and the city, we ensured that Galleri K continues to be a landmark destination in Copenhagen for years to come.
Conclusion
Galleri K exemplifies Capital Investment’s ability to transform perceived complex projects into successful, high-yield assets. Through strategic planning, targeted renovations, and a deep understanding of both tenant and urban needs, we created significant value for Aviva and PSP.
The sale of Galleri K to Jeudan in 2022 cemented our reputation for delivering excellence in property development and management.
