- CEO
- Pradeep Pattem
- Full Time Employees
- 18
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- Svanevej 12 Copenhagen Denmark 2400
- IPO Date
- Jan 3, 2000
- Business
- Park Street A/S, formerly Park Street Nordicom A/S, operates as a Denmark-based real estate investment and asset management company focused on owning and managing a diversified portfolio of commercial properties including office, retail, hotel, residential, student housing, co-working, co-living, and storage facilities; it generates the majority of its revenue from rental income. The company offers specialized solutions such as creative workspaces under the Spark brand and dynamic student housing through the Pulse brand, with properties concentrated primarily in Greater Copenhagen and Zealand, as well as Fyn and Jutland regions. Founded in 1989 and headquartered in Copenhagen at Amaliegade 6, Park Street A/S functions as a subsidiary of Park Street Asset Management Limited and maintains approximately 40 properties with over 200,000 square meters of floorspace, high occupancy rates above 90%, and around 18 employees serving institutional and corporate tenants.
In recent developments, the company changed its name from Park Street Nordicom A/S to Park Street A/S in June 2021 and signed long-term debt facilities totaling DKK 619 million while launching the Pulse Nørrebro student housing project in September 2021. Park Street A/S initiated a share buyback program in February 2024 for up to DKK 100 million targeting Class A and Class B shares through Nordea Bank Danmark A/S, with transactions continuing into mid-2024; it also announced a comprehensive 2025 strategy in March 2025 outlining operational priorities. Additionally, parent company Park Street Asset Management Ltd increased its direct and indirect ownership from 71.78% to 94.61% as of June 2025, alongside board changes at the April 2025 annual general meeting including the election of Dhruv Pattem.