High demand in Hillerød proved true: Munkeengen with 107 rental apartments are now fully occupied

A good location, nice apartments in a beautiful and well-executed project in an exciting and growing city raised hopes of high demand. They were right, and a 12,560 m² residential building with 107 rental apartments, Munkeengen in Hillerød, is now fully occupied - right on schedule. The developer, Vision Ejendomme, is now so far along that all that remains is a little extra planting and finding a retail tenant for a 1,496 m² retail lease on the ground floor of the new building. EDC Poul Erik Bech has been responsible for letting the 107 apartments and has now also been chosen to broker the letting of the retail property.

The large housing development Munkeengen on Slangerupgade in Hillerød, with beautiful views of the city and Frederiksborg Castle on the horizon from the two shared roof terraces, is now almost complete. The developer is Vision Ejendomme, the turnkey contractor is Nordstern, the architect is C.F. Møller Architects, the engineer is Niras and EDC Projekt Poul Erik Bech has been responsible for the letting of the 107 apartments.

Julie Hundborg Dresler, Vision Ejendomme, says: “We are proud of the fine project and the final result. This is our first project in Hillerød, which is a beautiful and exciting city in growth, and the project has a good location. It is close to the city, beautiful nature, educational institutions and grocery shopping. And it is great that the residents have now moved in and that the letting has been completed, and the process has gone according to plan.”

” With all these positives, we expected that there would be good demand for the 107 rental apartments – and fortunately that was the case. We are very satisfied with the construction, which Nordstern has been responsible for, and with the entire rental process, where EDC Projekt Poul Erik Bech has done a great job and gone the extra mile to make it all come together. This is also the reason why we again have chosen them to handle the letting of our upcoming, large project Gasværkskarréen in Østerbro.”

Small apartments rented first
Munkeengen is certified in DGNB Gold and is now so far advanced that all that remains is a little extra planting that has been waiting for the night frost to stop. And of course, all the plants, grass and trees must sprout, so that the green common areas in a beautifully enclosed courtyard come into their own. Julie Hundborg Dresler, Vision Ejendomme, says:

“It is a project we are really proud of. We have developed a diverse project with many different sizes of apartments, so there is something for everyone. The project has 1-5 rooms ranging from 34-144 m² and the courtyard and roof terraces invite a strong sense of community, so overall this is a really good project for us, and of course we hope that the residents will be really happy to live in Munkeengen.”

Good intuition
Thomas Høeg Mogensen, Customer & Relationship Director, EDC Projekt Poul Erik Bech, says: “We had a good gut feeling about a high demand for this exciting project. Our data showed in advance that there is generally a high demand for rental housing in Hillerød, combined with the fact that there is a good variation in housing types and a really nice and well-thought-out project and outdoor areas, with the large common courtyard that the homes surround, so it is naturally satisfying that the letting has run as expected. We are very pleased with the good collaboration, and not least that Vision Ejendomme has chosen us for their next project in Copenhagen Ø.”

“At Munkeengen, it was the smallest apartments that came off the shelves the fastest, as many young people have a shorter reaction time to make a decision. In the larger apartments, it has primarily been the slightly older audience who have rented, and they naturally need a little more time to think, as many had to sell their existing home before they could make a decision.”

Read more about the 107 rental properties and keep an eye out for vacancies: www.munkeengen.dk   

Great retail space with a large visible facade
Vision Ejendomme needs to find a tenant for a ground floor retail space with a large, visible facade. Stephen Berthelsen, Partner, EDC Erhverv Poul Erik Bech Nordsjælland, says: “This is a large, well-located retail property of 1,496 m² in the new Munkeengen development. The attractive retail lease in Hillerød provides a unique opportunity to establish a business in a modern and centrally located property. With a large facade facing Roskildevej and high visibility from Slangerupgade, maximum exposure is ensured, making the lease ideal for companies looking to attract customers in an active shopping area.”

Read more about the retail space at Munkeengen 1-5, Hillerød

Thomas Høeg Mogensen

Kunde- og relationsdirektør, ejendomsmægler, MDE
Phone: +45 58587033
Mobile: +45 25335522
E-mail: thm@edc.dk

Christoffer Kielgast

Projektchef, Ejendomsmægler, MDE
Phone: +45 58588019
Mobile: +45 31752648
E-mail: chki@edc.dk

Stephen Berthelsen

Partner, erhvervschef, ejd.mægler og Valuar, MRICS Registered Valuer, MDE
Phone: +45 58587850
Mobile: +45 21732803
E-mail: stbe@edc.dk