Park Street A/S Stock

Park Street Nordicom A/S operates as a real estate investment and asset management company in Europe. The company owns and manages a large portfolio of commercial properties located across Denmark. The company is a subsidiary of Park Street Asset Management Limited.

The company owns Shopping center in Glostrup; residential unit in Østerbro, Copenhagen; and land plot in Kolding. It owns and manages 59 properties with more than 260,000 SQM built up area across Denmark. The company’s investment properties at December 31, 2019 is composed of all its 56 properties, excluding 2 properties classified as domicile property and 1 plot classified as project holdings.

The company acquired 150,000 units of common membership interest in the entity Enterra Solution, LLC in 2019 as part of the strategy to develop a Real Estate Platform with Technology. This company is developing an advanced AI (Artificial Intelligence) based system that allows organizations to capture, curate and analyse data.

History

The company was founded in 1989. It was formerly known as Nordicom A/S and changed its name to Park Street Nordicom A/S in 2017.