In October 2020, Hines acquired the iconic Portland Towers building in the heart of Copenhagen, Denmark, on behalf of the Hines European Core Fund.
Portland Towers consists of two former silos, which were converted for multi-tenant office accommodation in 2014. Located along Copenhagen’s waterfront in Nordhavn, the property comprises over 137,000 square feet of office space and is fully leased to a prestigious tenant mix. Tenants include the embassy of the Federal Republic of Germany, corporate finance advisory firm FIH Partners, consultancy firm PA Consulting Group and Dansk Standard, Denmark’s national standardization organization.
Portland Towers set new standards for sustainable building design, construction and operation during its BREEAM certification in 2014.