Real Estate
27 investment properties comprising more than 300,000 m2
Our Real Estate portfolio focuses on high-quality office properties across Europe, targeting long-term stable returns through two approaches: investing in high-quality existing properties and pursuing sustainable redevelopment opportunities with long-term value potential, mainly in the office sector.
Our focus
Our Real Estate portfolio targets long-term stable returns through investment in high-quality properties. We focus on redevelopment opportunities that prioritise sustainability and lasting value, mainly in the office sector.
A sustainable portfolio
We actively pursue DGNB certification across our portfolio, with every property guided by a climate action roadmap toward carbon neutrality by 2030.
European cities
We concentrate our investments in major cities in Europe:
Copenhagen, Denmark
London, United Kingdom
Munich, Germany
Hamburg, Germany
German speaking parts of Switzerland
Examples of properties we own
Østergade 26, Copenhagen
One of KIRKBI’s five central Copenhagen properties, this 1901 building is situated on Strøget, near Kongens Nytorv and Magasin. The classical design, featuring domes and spires, emerged from drawings by Erik Schiødte and Christian Arntzen.
Once home to Breining’s perfume shop, the building underwent redevelopment in 1971-72 under the direction of Ole Hagens Tegnestue. Today, the property houses premium retail spaces at street level, with offices on the upper floors, centred around the glass-covered “Bernikow Gården” courtyard with its array of small shops.
Østergade 26 received a silver DGNB certification in 2021 and achieved Denmark’s first platinum certification in 2024.
This milestone involved social sustainability projects, a biodiversity plan, and digital energy monitoring that cut heating use by 25% in 2023. KIRKBI is also pursuing Net Zero by 2032 through a 10-year maintenance plan.
Østergade 26, Copenhagen
One of KIRKBI’s five central Copenhagen properties, this 1901 building is situated on Strøget, near Kongens Nytorv and Magasin. The classical design, featuring domes and spires, emerged from drawings by Erik Schiødte and Christian Arntzen.
Once home to Breining’s perfume shop, the building underwent redevelopment in 1971-72 under the direction of Ole Hagens Tegnestue. Today, the property houses premium retail spaces at street level, with offices on the upper floors, centred around the glass-covered “Bernikow Gården” courtyard with its array of small shops.
Østergade 26 received a silver DGNB certification in 2021 and achieved Denmark’s first platinum certification in 2024.
This milestone involved social sustainability projects, a biodiversity plan, and digital energy monitoring that cut heating use by 25% in 2023. KIRKBI is also pursuing Net Zero by 2032 through a 10-year maintenance plan.
Spreitenbach, Schwitzerland
Located in Spreitenbach, Limmat Valley, the property benefits from the area’s rapid development as a thriving place to live and work.
The heart of the property is the over 2,000 m2 rooftop park, the perfect location for a party, lunch in the fresh air or yoga over lunch, while also promoting biodiversity by providing a habitat for birds and insects. Sustainability is an integral part of the property inside and out.
The building is CO2-neutral, heated with district heating, and solar energy for electricity. The windows are lined with glass that changes color as needed, reducing energy consumption by 20% and improving the well-being of people indoors.
Spreitenbach, Schwitzerland
Located in Spreitenbach, Limmat Valley, the property benefits from the area’s rapid development as a thriving place to live and work.
The heart of the property is the over 2,000 m2 rooftop park, the perfect location for a party, lunch in the fresh air or yoga over lunch, while also promoting biodiversity by providing a habitat for birds and insects. Sustainability is an integral part of the property inside and out.
The building is CO2-neutral, heated with district heating, and solar energy for electricity. The windows are lined with glass that changes color as needed, reducing energy consumption by 20% and improving the well-being of people indoors.
"Stationen", Billund
We acquired the property in 2021 and completely rebuilt it, which was finished in 2024.
The property now holds both DGNB Gold certification and the Nordic Swan Ecolabel (Svanemærket), reflecting its high sustainability standards. It primarily serves as employee housing of LEGO, LEGO Foundation and KIRKBI.
"Stationen", Billund
We acquired the property in 2021 and completely rebuilt it, which was finished in 2024.
The property now holds both DGNB Gold certification and the Nordic Swan Ecolabel (Svanemærket), reflecting its high sustainability standards. It primarily serves as employee housing of LEGO, LEGO Foundation and KIRKBI.
Heimeran, Munich
Heimeran is a state-of-the-art office complex, characterized by visionary architecture and recognized with a prestigious German architecture award in 2023. The twisted cubature of the HEIMERAN tower, which is screwed into the height, creates unique terraces and spectacular views over the city of Munich as well as over the foothills of the Alps to the Zugspitze.
The property is located in Munich’s ‘Westend’, in close proximity to noteworthy commercial properties such as the ADAC building, Frauenhofer Institute as well as Sheraton Hotel. Heimeran is built to the DGNB Gold Standard.
Heimeran, Munich
Heimeran is a state-of-the-art office complex, characterized by visionary architecture and recognized with a prestigious German architecture award in 2023. The twisted cubature of the HEIMERAN tower, which is screwed into the height, creates unique terraces and spectacular views over the city of Munich as well as over the foothills of the Alps to the Zugspitze.
The property is located in Munich’s ‘Westend’, in close proximity to noteworthy commercial properties such as the ADAC building, Frauenhofer Institute as well as Sheraton Hotel. Heimeran is built to the DGNB Gold Standard.
New Fetter Place, London
The property is located in the Central London area of Midtown, surrounded by the established office areas of City and West End and within walking distance to landmark attractions such as Covent Garden, Museum of London and St. Paul’s Cathedral. There is direct access to the London Underground and to the new Crossrail.
New Fetter Place, London
The property is located in the Central London area of Midtown, surrounded by the established office areas of City and West End and within walking distance to landmark attractions such as Covent Garden, Museum of London and St. Paul’s Cathedral. There is direct access to the London Underground and to the new Crossrail.
Building Billund
We are dedicated to supporting and enhancing Billund’s local community and unique identity as the Capital of Children
Alongside our real estate investments, we are dedicated to the ongoing development of Billund, the hometown of KIRKBI and the LEGO Group. Through the Billund City Vision, we support projects that enhance the town’s unique identity as the Capital of Children, ensuring it remains a great, vibrant place for families, businesses, and the local community.
Explore our building projects in Billund
Over the years, we have initiated several building projects in Billund, ranging from housing for LEGO Group employees and a workplace campus to a new downtown area, a vibrant neighborhood, an innovative residential school, and the revitalization of the church. Explore some of these projects below.
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Travbyen – an entire new neighborhood
Travbyen is a new neighborhood under development in Billund, designed to create spaces for living, play, and community. Once completed, it will feature up to 550 residential units, local shops, a daycare center, and spaces for creative professions and sports. -
LEGO Campus – a gathering point for LEGO® employees
The LEGO Campus, completed in 2021, is a workplace and meeting point for all LEGO employees designed to inspire creativity and collaboration. Central to the campus is the People House, a space where employees and their families can meet, learn, and enjoy activities together. -
Butikstorvet – a place for work, shopping and living
Completed in 2020, Butikstorvet is a key part of Billund’s downtown transformation. It features shops, offices, and 20 modern apartments across six energy-efficient buildings, creating a vibrant community space. The area is also connected by Billund’s Playline, linking town areas. -
Kastaniehjørnet: A multigenerational community in Billund
Completed in 2021, Kastaniehjørnet is a residential property in Billund’s midtown, offering affordable apartments, dementia care units, and rental housing, designed to foster a multigenerational community.
Contact person
Steen Pedersen
Head of Global Real Estate