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Urban Partners and Skanska to Deliver Flexible Urban Housing in Ørestad
Focus key phrase: Ørestad flexible urban housing
Copenhagen, Denmark — Urban Partners has entered into an agreement with Skanska A/S to develop a major new Ørestad flexible urban housing project comprising 210 homes and 143 hotel apartments on Ørestads Boulevard, close to Bella Center.
The project, secured through Urban Partners’ NSF V fund, aims to address growing demand for adaptable city living in one of Copenhagen’s fastest-evolving districts.
Construction is expected to begin this spring following the recent building permit approval, with completion targeted for summer 2028.
Forward purchase agreement structure
The development is being built by Skanska A/S and sold to Urban Partners through a traditional forward purchase transaction, meaning payment will be made upon project completion.
The total development spans 13,100 m², including:
- 8,400 m² residential space (210 homes)
- 4,700 m² hotel apartments (143 units)
- 1,350 m² shared courtyard
The six-storey property will also feature communal facilities such as:
- Shared kitchen
- Meeting rooms
- Café
- Roof terrace
Responding to shifting urban lifestyles
Demand for smaller, more flexible housing formats in Copenhagen has steadily increased, particularly in areas with strong infrastructure links.
Ørestad’s proximity to:
- Metro connections
- Bella Center
- Copenhagen Airport
- Recreational green spaces
makes it an attractive location for residents seeking adaptable living solutions that combine work, leisure, and mobility.
Thomas Riise-Jakobsen, Country Manager at Urban Partners, said:
“Ørestad and the area around Bella Center are rapidly changing, and interest in flexible, urban housing is increasing. In collaboration with Skanska, we will exploit the area’s central location to develop both homes and hotel apartments with shared facilities. By thinking about homes, urban spaces and functions together from the start, Skanska has created good conditions for everyday life with space to live, work and meet.”
Peter Nymann-Jørgensen, CEO of Skanska A/S, added:
“Skanska focuses on developing projects in good locations, and Ørestads Boulevard 31 is a perfect place for a new type of modern housing and lifestyle that is highly sought after. We look forward to continuing our collaboration on the project with Urban Partners.”
Sustainability and DGNB Gold ambitions
The project will be constructed as a concrete structure with wooden façade elements, optimized to reduce its climate footprint.
Key sustainability features include:
- Targeting DGNB Gold certification from the Danish Council for Sustainable Building
- Use of wooden façade elements to lower lifecycle emissions
- Reduction of more than 1 kg CO₂e per m² per year compared to traditional façade solutions
Originally conceived as a modular timber building, the design was later adapted to a concrete structure while maintaining climate-focused optimization measures.
Closing one of Ørestad’s final development gaps
The property at Ørestads Boulevard 31, already owned by Skanska, will close one of the last remaining gaps along the metro corridor in Ørestad.
The project team includes:
- Developer: Skanska A/S
- Architect: Holscher Nordberg
- Management contractor: Rasmus Friis
Urban Partners received advisory support from Bruun & Hjejle, PwC, Colliers, and Nordic Hotel Consulting, while Skanska worked with Accura and EY.
The new Ørestad flexible urban housing development reflects continued investor confidence in Copenhagen’s growth corridors and highlights the increasing demand for adaptable, sustainability-focused residential concepts.
