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Denmark
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28 September 2011

All units tenanted at Klosterparken, Ringsted

In 2009, the M. Goldschmidt Group acquired the 310 flat property complex Klosterparken in Ringsted in what was said to be Denmark's largest forced sale auction. At the time of acquisition, 140 residential units were vacant, and the common areas had yet to be developed. Since the acquisition, the M. Goldschmidt Group has invested substantially in Klosterparken, including in new windows, new doors, all small and large playgrounds, a swimming pool with changing room facilities, a petanque course, new plantation, a path system and terraces with barbecue facilities. Today, approximately 1,000 people live at Klosterparken, around 500 of whom are locals. Our extensive efforts seem to have paid off: Much indicates that we have achieved our goal of developing Klosterparken in Ringsted into one of Denmark's most sought-after residential areas.

Today, Klosterparken is fully let, and we have a constantly growing waiting list. It is a great pleasure for us to walk around the property and be met with positive acknowledgements from the children and adults living there as well as from the neighbours, who also thoroughly enjoy the attractive common areas.

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