Commercial, International - 10. March 2021
Heavy hitter from Danske Bank is new Head of Capital Markets
On 1st of November 2020, Flemming Buhl took up the position as Head of Capital Markets in Denmark’s largest chain of real estate agents EDC Poul Erik Bech. He comes from a position as Real Estate Director in Danske Bank, where he was employed for nearly 35 years.
Poul Erik Bech says: “We’re very pleased that we have landed such a heavy hitter as Flemming Buhl, who has become a partner and co-owner. Nearly two years ago we established our international department, which is an independent and dedicated department that has been a great success. We are now also establishing a separate Capital Markets department, which will enable us to provide even greater support for our large-scale transactions. We’re doing this to streamline our work with and to focus further on our growing Capital Markets area, and we see a tremendous potential in Flemming Buhl heading the department in close collaboration with our 18 commercial property centres.”
Further development of Capital Markets
Flemming Buhl was Director of Danske Leasing A/S and Real Estate Director in Danske Bank’s leasing company with responsibility for sales and purchases of commercial properties with a total property portfolio of DKK 6 billion. He says:
“I’ve been extremely pleased to start. It has been exciting, and I’ve had a really good impression of the organisation and my colleagues. I’m really looking forward to further developing the Capital Markets area of EDC Erhverv Poul Erik Bech. For the past 20 years, I’ve worked with building up and developing a significant property portfolio. I’ve concluded a significant number of property transactions, due diligence processes and negotiations on both the purchases and sales sides. With my solid financial knowledge, my experience with property transactions and my broad network, I’m certain that we can further strengthen the Capital Markets area.”
“I’m looking forward to the continued cooperation with the many competent estate agents and with the EDC organisation as support. In EDC Erhverv Poul Erik Bech, we need to cut an even greater slice of the Capital Markets cake. We believe that, with our existing relations and with my wide network from Danske Bank, we have the completely right foundation for capturing a greater market share.
We come from an estate agency industry, where we’ve focused on the assets side, we must also have increased focus on the liabilities side, so that financing becomes a natural part of the transaction theme,” says Flemming Buhl.