Benson Elliot funded project nominated for prestigious award at MIPIM 2010 in Cannes

Benson Elliot Capital Management, the private equity real estate firm, is pleased to announce that its residential project Havneholmen, developed in joint venture with Danmark’s Sjælsø Gruppen, has been nominated in the Residential Development of the Year category at the MIPIM 2010 Awards.

The MIPIM awards recognise excellence and innovation in the real estate arena. Amongst other criteria, the Jury considers “overall sustainability, state of the art architectural design and acceptance by users.” The winner will be chosen by the real estate professionals attending this year’s MIPIM congress in Cannes, a high profile gathering that attracts key industry participants from across the globe. The Awards Ceremony will take place on 18 March 2010 in the Grand Auditorium of Cannes’ Palais des Festivals.

Havneholmen is one of the most exciting new residential developments in Copenhagen. The 230 unit project, totalling 23,700 square metres, occupies a prominent site that extends outward into Copenhagen harbour, a short walk from Copenhagen city-centre. The striking design of the buildings, which attracted the attention of the MIPIM Awards Jury, was conceived by renowned Danish architect Lene Tranberg of Lundgaard & Tranberg.

Benson Elliot acquired a 50% interest in Havneholmen, alongside Danish quoted real estate developer Sjælsø Gruppen A/S, in October 2006.

Commenting, Marc Mogull, Benson Elliot’s Managing Partner said: “This nomination is a welcome recognition of an impressive and exciting development, with which Benson Elliot is proud to have been associated. It reflects the exceptional work of our development partner, Sjælsø Gruppen, as well as that of architect Lene Tranberg and her colleagues at Lundgaard & Tranberg. Havneholmen is a fitting testament to their experience and skill in creating a stunning addition to the Copenhagen harbour front.”

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