Argentum

Algade

Formerly serving as the headquarters of the now bankrupt Roskilde Bank, Algade 14-18 (the Property) is a prestigious mixed-use retail/o¢ce landmark property located in the high-street area of Roskilde. The Property spans two sites and comprises a total GLA of some 9,737 sqm, with the buildings at Algade 14-16 accounting for 6,027 sqm and Algade 18 for 3,710 sqm. Located in the prime high-street area of Roskilde, the retail units enjoy the natural footfall of people passing by without compromising the accessibility for the o¢ce tenants. In addition, accessibility to both retail shops and o¢ces is supported by excellent parking facilities behind the Property and in the nearby side streets. Algade 14-16 is the largest building, constructed in 1973 and extended in 2001 by adding a rear building. The front building features a redbrick facade and a three-piece roof. The middle part of the roof is slanted and covered with black tiles, the rest is flat felted roofing. The rear building features a yellow brick façade with large floor-to-ceiling window panes and roofing partially covered with red tiles and roofing felt. The building has three floors in addition to basement. Facing Algade, the ground floor, which is larger than the other two floors due to an extension at the back, features a mix of retail space and customer-oriented areas for two banking sector tenants. The ground floor of the rear building features mixed-use retail/o¢ce space, used by two real estate agents. On the first and second floors of the building, the layout is mainly open-space o¢ces with some smaller single o¢ces and numerous meeting rooms. Both floors are fully let to the Property’s anchor tenant, Nordea Bank AB. The lease includes access to a rooftop terrace with a

KEY FACTS

Algade

Property Address

Algade 14-18, Hersegade 1 et al., St. Gråbrødrestræde 1A et al.

DK-4000 Roskilde 56a and 54a Roskilde Bygrunde

Postal code/city

Title no(s).

1890/1973/2001

Construction year

B

Energy label

4,806

Site area, sqm

O…ce, retail (bank) Nordea, Arbejdernes Landsbank

Main uses

Anchor tenants

ALGADE

83%

Occupancy

3.51 years

WALT

23