Apr 2016
ATP Real Estate

Feasibility Study

Operator Search

Contract Negotiations

Scandic Hotel Falkoner

Nordic Hotel Consulting has advised ATP Real Estate on the operator search and contract negotiations for the conversion and extension of the Falconer Hotel to a 334-room Scandic Hotel. ATP and Scandic have signed a long-term lease agreement

The 16-storey hotel is located close to Frederiksberg metro station. The property is a conference centre that can accommodate up to 3.000 people. The hotel underwent extensive renovations from 2017 till mid-2019, including the refurbishment of two concert halls and six conference rooms. Furthermore, ATP and Scandic have proceeded with a guestroom extension, with the number of rooms being doubled. The renovated and rebranded hotel opened its doors in August 2019.


Quotes from Press Release:

“Copenhagen is among the world's most popular conference destinations. With our new Scandic Falconer, we are further strengthening our offering in the Danish hotel and conference market.”

Frank Fiskers, former President & CEO of Scandic Hotels Group

“Through the extensive renovation and extension, the hotel will reach its full potential and in combination with our popular and strong customer concept, our vision is to create an exciting new conference hotel.”

Jens Mathiesen, President & CEO of Scandic Hotels Group

”Vores fokus er at sikre tilfredsstillende og langsigtede afkast med stabile lejere til gavn for ATP’s medlemmer. Aftalen med Scandic Hotels bekræfter os i, at vores fokus på ejendomme på de bedste beliggenheder i København er helt rigtig.”

Michael Nielsen, Director of ATP Real Estate


Press release: ATP (DK), Hotel Online (EN)

About ATP Real Estate

ATP Real Estate was founded in 1994 and is a wholly-owned subsidiary of ATP, a statutory pension fund. The company invests in commercial properties which then rents out, primarily to offices and retail. ATP owns about 80 properties in Denmark, Germany, Belgium and the UK, corresponding to more than 1 million square metres. The market value of real estate and real estate funds managed by ATP was 49.6 billion DKK in 2019.


Photos: Scandic Hotels, Visit Denmark