Thylander Group

Thylander Group is a Danish family-owned real-estate group established in Copenhagen by Lars Thylander in 1986. The group operates through three principal companies—Thylander & Company A/S, Thylander Ejendomme and Kay Tee Holding ApS—and has subsidiaries and investment activity in Denmark and Germany. Its business model combines the acquisition, development, restoration, management and sale of commercial and residential property. The group grew from Lars Thylander’s entry into the property business in 1983. During the 1980s and 1990s it acquired and disposed of prominent buildings and property companies in Denmark, including assets located on Copenhagen’s Strøget and Bredgade. It also built controlling positions in publicly traded Danish property companies, including Ejendomsselskabet Norden A/S and Det Københavnske Ejendomssocietet A/S. These activities placed the group within the Danish property investment and redevelopment sector rather than the consumer-brand market. A notable aspect of Thylander Group’s work has been the conversion and restoration of architecturally significant properties. In 2001, the group was involved in the restoration of Vandflyverhangaren at Holmen in Copenhagen. The project incorporated a new architectural treatment by Dorte Mandrup-Poulsen, and the resulting work was nominated for the Mies van der Rohe Award, one of Europe’s leading architecture prizes. From 2005 onward, the group expanded its exposure to Germany. It helped initiate EI Invest Berlin I A/S and brokered the acquisition of approximately 4,100 apartments in Berlin. It subsequently acquired a further 200 apartments spread across four additional buildings in the German capital. The group’s German activities later extended to property investment and fund and asset management in Berlin, Frankfurt and Hamburg. In 2006, Thylander Group led a syndicate that acquired Copenhagen’s historic Scala building, which was sold later that year. During the same period, it transformed the listed company Torsana A/S into Victoria Properties A/S. Victoria Properties focused on property investment and fund and asset management in German cities. The transactions illustrate the group’s use of corporate structures, syndicates and publicly traded vehicles alongside direct property ownership. Lars Thylander was recognized as Property Developer of the Year in 2007 by the Danish magazine Erhvervsejendomme. Overall, Thylander Group is best understood as a privately controlled real-estate investment and development house with a historical focus on complex urban properties, redevelopment opportunities and cross-border residential and commercial assets.

Lars Thylander entered the property business in 1983 and established Thylander Group in Copenhagen in 1986. The enterprise developed as a family-owned property group with activities spanning acquisition, redevelopment and disposal of real estate. Its structure came to include Thylander & Company A/S, Thylander Ejendomme and Kay Tee Holding ApS, together with subsidiaries in Denmark and Germany. During the 1980s and 1990s, the group traded a range of significant Danish buildings and property companies. Its holdings and transactions included properties on Strøget and Bredgade in Copenhagen, as well as controlling shareholdings in the public companies Ejendomsselskabet Norden A/S and Det Københavnske Ejendomssocietet A/S. This early period established the group’s approach of combining direct ownership of buildings with investments in property companies. The group also developed a reputation for working with difficult or historically important urban sites. In 2001 it participated in the restoration of Vandflyverhangaren at Holmen in Copenhagen. The project retained the character of the former building while introducing a new architectural design by Dorte Mandrup-Poulsen. The completed work was nominated for the Mies van der Rohe Award, giving the project recognition beyond the Danish property sector. Thylander Group began a more substantial international expansion in 2005. It helped form EI Invest Berlin I A/S and brokered the purchase of approximately 4,100 apartments in Berlin. A later transaction added approximately 200 apartments in four more buildings in the German capital. The group’s German investment footprint subsequently included Berlin, Frankfurt and Hamburg, with activity extending beyond ownership into property funds and asset management. In 2006 the group headed a syndicate that acquired the historic Scala building in Copenhagen. The property was sold in the same year. Also in 2006, the group transformed the listed company Torsana A/S into Victoria Properties A/S. Victoria Properties was positioned as a property investment and fund and asset-management company with a portfolio and activities in Berlin, Frankfurt and Hamburg. Lars Thylander was named Property Developer of the Year in 2007 by Erhvervsejendomme. The available reference material does not provide a detailed account of later corporate changes, current management, ownership percentages or the group’s present portfolio. Thylander Group is therefore documented here primarily through its established history as a Danish family-owned real-estate investment and development organization operating across Denmark and Germany.

• 2007

  Property Developer of the Year recognition

  [1]Thylander Groupen.wikipedia.org

  Lars Thylander was named Property Developer of the Year by Danish magazine Erhvervsejendomme.

• 2006

  Scala building acquisition and sale

  [1]Thylander Groupen.wikipedia.org

  Thylander Group led a syndicate that acquired Copenhagen’s historic Scala building and sold it later that year.

• 2006

  Torsana transformed into Victoria Properties

  [1]Thylander Groupen.wikipedia.org

  The group reorganized the public company Torsana A/S as Victoria Properties A/S, a property investment and fund and asset-management company focused on German markets.

• 2005

  Expansion into Berlin residential property

  [1]Thylander Groupen.wikipedia.org

  The group helped initiate EI Invest Berlin I A/S and brokered the acquisition of approximately 4,100 apartments in Berlin.

• 2001

  Vandflyverhangaren restoration

  [1]Thylander Groupen.wikipedia.org

  The group participated in restoring the landmark Vandflyverhangaren at Holmen, with a new architectural design by Dorte Mandrup-Poulsen that was later nominated for the Mies van der Rohe Award.

• 1986

  Thylander Group founded in Copenhagen

  [1]Thylander Groupen.wikipedia.org

  Lars Thylander founded the family-owned property group in Copenhagen.

• 1983

  Lars Thylander enters the property business

  [1]Thylander Groupen.wikipedia.org

  Lars Thylander began his career in the property sector, three years before establishing Thylander Group.

A family-owned Danish real-estate investment and development group focused on acquiring, transforming and selling urban properties, with historical operations in Denmark and Germany.

• Real estate · 1986

  Danish property investment and development

  Thylander Group’s core activity has been the acquisition, development and sale of Danish real estate. Historical transactions included prominent Copenhagen buildings and investments in Danish property companies. The group’s work has covered both commercial and urban properties, with an emphasis on assets that can be repositioned, redeveloped or sold after value creation.

• Property development · 2001

  Architectural restoration and redevelopment

  The group has participated in the restoration and redevelopment of architecturally significant buildings. The Vandflyverhangaren project at Holmen in Copenhagen combined preservation of a landmark structure with a contemporary intervention by architect Dorte Mandrup-Poulsen. The project demonstrates the group’s involvement in complex urban and heritage-related property work.

• Residential real estate · 2005

  Berlin residential-property portfolio

  Beginning in 2005, Thylander Group helped arrange the acquisition of approximately 4,100 apartments in Berlin through EI Invest Berlin I A/S and later acquired approximately 200 additional apartments in four buildings. These transactions formed a major part of the group’s historical cross-border residential-property activity.

• Real-estate investment management · 2006

  Property fund and asset management

  Through structures including Victoria Properties A/S, the group has been associated with property investment, fund management and asset management in Berlin, Frankfurt and Hamburg. This line of activity complemented direct ownership and development by providing investment and management exposure to German property markets.

• 2006

  Acquisition of the Scala buildingM&A

  Background

  The historic Scala building in Copenhagen became the subject of a syndicate-led property transaction.

  Action taken

  Thylander Group headed a syndicate that acquired the building and later sold it during the same year.

  Aftermath

  The transaction demonstrated the group’s use of syndicate structures for prominent urban assets, although the available source does not provide transaction terms.

  Source

• 2006

  Transformation of Torsana into Victoria PropertiesStrategy

  Background

  The group used a listed corporate vehicle to organize property investment and management activity in Germany.

  Action taken

  Thylander Group transformed the public company Torsana A/S into Victoria Properties A/S.

  Aftermath

  Victoria Properties focused on property investment and fund and asset management in Berlin, Frankfurt and Hamburg.

  Source

• 2005

  Cross-border expansion into Berlin housingStrategy

  Background

  The group sought to expand beyond Denmark through a German residential-property investment vehicle.

  Action taken

  It helped initiate EI Invest Berlin I A/S and brokered the acquisition of approximately 4,100 Berlin apartments, followed by an additional purchase of approximately 200 apartments in four buildings.

  Aftermath

  The transactions established Germany as an important historical operating market for the group and preceded further activity in Berlin, Frankfurt and Hamburg.

  Source

1. 1Thylander Groupen.wikipedia.org