Park Street Nordicom: Best Real Estate Corporate Governance Denmark 2018

A partner of choice to investors seeking to optimise their exposure to the buoyant Nordic real estate markets, Park Street Nordicom of Denmark offers a level of in-house expertise and professional dedication to excellence recognised throughout the business. For close to thirty years, the publicly-listed company has pushed the envelope on operational transparency in order to provide full disclosure to all stakeholders. As a result, Park Street Nordicom has gained the trust of investors and is able to navigate without undue stress the various cycles of the property market.

The company’s portfolio comprises sixty properties with an aggregate floorspace in excess of 250,000 square metres. Park Street Nordicom maintains an occupancy rate north of 90% and has a roster of more than 400 carefully selected tenants. Its properties are rented out to some of Denmark’s most iconic businesses and organisations, ensuring a robust and dependable cashflow.

Park Street Nordicom squarely aims to be the best in its business and realises that excellence in corporate governance is key to meeting that objective. The company creates value through simplicity: short open lines of communication, dynamic operational systems that quickly adjust to changing market conditions, and comprehensive yet streamlined reporting procedures that ensure all stakeholders have full access to all information at all times.

The judging panel commends Park Street Nordicom on its almost disruptive approach to real estate investing. The company is present in the office, retail, and residential segments of the markets and has developed a number of shared-spaces initiatives as well. The judges are pleased to offer Park Street Nordicom the 2018 Best Real Estate Corporate Governance Denmark Award.

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