Pension funds finance Danish court PPP project
Three Danish labour-market pension funds have joined forces with contractor firm CASA and property management company DEAS to develop a town court building in Svendborg, on the Danish island of Funen, through a PPP project.
The three Danish pension funds, which will finance the Danish court PPP project, are PKA, PensionDanmark and Sampension.
The total project investment is estimated at DKK175 million (US$29.4 million).
The new 4,000s m² building will bring court activity in the town under one facility, housing more than 40 of the town's court staff. The project involves the development and management of the new facility for a period of 20 years.
Construction works are scheduled to begin next year. The new building is expected to be operational in June 2016.
Advisers for the Svendborg contract include KPF Architekter and COWI as consulting engineers.
This year we have reported that two other PPP projects have been awarded in Denmark:
- Vejle psychiatric ward. The project was awarded on 25 March 2014, its total investment is estimated at US$46 million.
- Skejby New Psychiatric Center. The project was awarded on 25 June 201, its total investment is estimated at US$234 million.
Country news
-
-
April 29, 2015
EIB plans to invest in Copenhagen Infrastructure II
The European Investment Bank (EIB) is analyzing to invest DKK560 million (US$81.5 million) in Copenhagen Infrastructure II. Read more -
June 19, 2015
Winning team selected for school PPP in Denmark
MT Højgaard/DEAS team has been selected to build and operate the new school in Skovbakkeskole (Denmark), for the Municipality of Odder under the public private partnership (PPP) model. Read more -
July 03, 2015
Copenhagen infrastructure partners closes fundraising for second fund at 2 billion
Copenhagen Infrastructure Partners (CIP) has established its new investment fund, Copenhagen Infrastructure II K/S. Read more -
July 23, 2015
Global partnership to mobilize $100 billion in private financing for infra
A Sustainable Development Investment Partnership (SDIP) has been launched to mobilize US$100 billion in private financing over five years for infrastructure projects in developing countries using development assistance to reduce risk. Read more -
September 07, 2015
Preferred bidder selected for Dannish hospital PPP
Region Zealand and Slagelse Hospital have selected a preferred bidder to develop the Slagelse Hospital new maternity unit and wards PPP project in Denmark. Read more
