Nike plans to occupy 725 sq m of space at “The Trinity Quarter” located on Købmagergade 44A, one of Copenhagen’s busiest pedestrian shopping streets and is set to welcome customers from September 2022. “The Trinity Quarter” is a landmark hotel and major retail refurbishment in the heart of Copenhagen, which Hines is currently redeveloping, following its acquisition of the buildings in 2018, on behalf of the Hines European Value Fund (HEVF).
From the outset, “Hines” strategy has been to create a precinct defining mixed-use asset showcasing its placemaking skills anchored by major retail brands and a diverse food and beverage offering, creating a new central destination for the residents of Copenhagen.
The historic buildings on Copenhagen’s Købmagergade have been transformed into a mixed-use development including retail and a 243-room hotel, operated by 25hours Hotels which has recently opened.
James Robson, Senior Managing Director and Country Head for Hines in The Nordics, said: “We are truly delighted that Nike has chosen ‘The Trinity Quarter’ in the heart of Copenhagen as its first retail outlet in Denmark, and its first physical store opening since the global pandemic took hold. The interest we have seen in ‘The Trinity Quarter’ by companies and the public alike is fantastic.”
Paul White, Fund Manager for the HEVF Series, added: “Securing this Nike flagship store for the retail precinct of HEVF’s trophy ‘The Trinity Quarter’ scheme is a huge step forward for the project. Nike taking up this space is also a clear sign that the strongest retail brands still have appetite for the most prime locations on Europe’s retail high streets, and we are feeling that dynamic elsewhere in our portfolio as well.”
Tomer Czapnik, CEO of Nike NSP at Retailors Inc. / Fox Group, said: “We are truly excited to open our first Nike store in Denmark in such a prominent high street location. We look forward to welcoming Danish customers and international travelers to this flagship store.”
Law firm Bruun & Hjejle advised Hines. Absalon & Co. is Hines’ appointed leasing agent.