PHM Group acquired Spar Nord Ejendomsadministration in Denmark
PHM Group is expanding its portfolio in Denmark with the acquisition of Spar Nord Ejendomsadministration, which has been purchased from Spar Nord.
PHM Group announced its acquisition of Spar Nord Ejendomsadministration, a prominent and respected property management company with an extensive portfolio that includes more than 400 properties and over 10,500 housing units across Denmark.
As an independent unit under Spar Nord, Spar Nord Ejendomsadministration has developed a strong and credible reputation as one of the country’s most experienced property managers, specialising in advice and administration for housing associations, owners’ associations and rental properties. This acquisition brings significant expertise and increased capacity within property management to PHM Denmark, while strengthening local presence and availability throughout the country.
About the integration of Spar Nord Ejendomsadministration
Spar Nord Ejendomsadministration is known for its approach, which involves a personal and easily accessible property administrator for each customer. This practice will continue under the ownership of PHM. The integration of Spar Nord Ejendomsadministration’s team and resources will ensure that all customers continue to receive the same high standard of personal service and dedication under a new name, Nordstjernens Ejendomsadministration.
Kasper Bygholm, CEO of PHM Denmark, says: “The acquisition strengthens PHM’s overall offering and puts us in an even stronger position to meet our customers’ diverse needs in the dynamic Danish property market. We look forward to welcoming Spar Nord Ejendomsadministration’s employees and customers to our portfolio. We already know it’s a great company and we look forward to the upcoming partnership under the daily leadership of Deputy Director Ole Busk Hansen.”
John Lundsgaard, bank director at Spar Nord, says: “Our considerations regarding a divestment of Spar Nord Ejendomsadministration are based on a long-term desire to simplify the bank. Real estate management is relatively far removed from the rest of the core business, which is why we investigated the market to find a relevant buyer for that part of the business. We have found this with PHM Group.”
For more information:
Kasper Bygholm, CEO, PHM Danmark ApS
kasper.bygholm@phmgroup.dk, +45 27870 099
