Park Street
Park Street A/S is a Copenhagen-based, Nasdaq Copenhagen-listed European real estate investment and asset management firm offering Office, Retail, and Accommodation (Pulse student housing, Spark co-working) solutions across Denmark to government, enterprise, retail, and education tenants.
- Company typePublic
- Founded2014
- HeadquartersKøbenhoved, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Park Street does
Park Street A/S is a fully integrated European real estate investment and asset management firm headquartered at Amaliegade 6, Copenhagen, listed on Nasdaq Copenhagen under ticker PSN. The company controls a diversified Danish property portfolio and serves three product verticals: Office Solutions (commercial workspace leased to government agencies including Bygningsstyrelsen and Erhvervsakademi Sjælland, and to enterprises), Retail Solutions (shopping center and high-street space leased to chains such as Bestseller, Dansk Supermarked, Lidl, Elgiganten, and Jysk), and Accommodation (the Pulse student housing brand in partnership with DIS, DTU, STINDN, and UOC, plus the Spark co-working brand for flexible workspaces). The core operating technology is a conventional real estate investment and asset management platform with no disclosed AI, proprietary software products, or public APIs.
The firm's revenue mechanics combine recurring rental income from its property portfolio with asset management fees and gains from property acquisitions, developments, and disposals. It is majority-owned (94.61%) by Park Street Asset Management Limited, which acquired a controlling stake in Nordicom A/S in 2016 and subsequently reframed the group under the Park Street name; the company has executed selective M&A (2G Shopping center in Glostrup, 2019) and disposals (Copenhagen office, 2020), and in September 2021 signed DKK 619 million in long-term debt facilities alongside the launch of the Pulse Nørrebro project. Day-to-day operations are run by a compact team of roughly 11–50 employees led by CEO Pradeep Pattem, with leasing and tenant services managed directly via regional field relationships ([email protected], [email protected]), and investor communications conducted through Nasdaq Copenhagen announcements and the corporate website psnas.com.
Park Street firmographics
Firmographics- Name
- Park Street
- Legal name
- Park Street A/S
- Website
- https://psnas.com
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Park Street A/S is a Copenhagen-based, Nasdaq Copenhagen-listed European real estate investment and asset management firm offering Office, Retail, and Accommodation (Pulse student housing, Spark co-working) solutions across Denmark to government, enterprise, retail, and education tenants.
- Ownership category
- akta.pro rank
Park Street industry classification
Industry- NAICS
- Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510), Services-Management Services (8741)
- akta.pro primary industry
- Mixed-Use Property Management (BPAJAGAE)
- akta.pro secondary industry
- Property Management Advisory & Leasing Administration (FSAEAJAN)
Keywords
Where Park Street is headquartered
LocationHeadquarters
- HQ city
- Københoved
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
Park Street business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Investment and Asset Management: Park Street A/S generates revenue through rental income from its property portfolio (office, retail, and accommodation properties), asset management fees, and property value appreciation. The company also engages in property acquisitions, developments, and disposals as part of its investment strategy.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Park Street product offering
Product offeringCore offering
Park Street A/S is a fully integrated European real estate investment and asset management firm operating three core product lines: Office Solutions (commercial office space for government agencies, educational institutions, and enterprises), Retail Solutions (retail space for fashion, grocery, home goods, sports, and specialty retailers), and Accommodation Solutions (Spark co-working spaces and Pulse student housing in partnership with Danish educational institutions including DIS and DTU). The portfolio includes thousands of properties across Denmark with high occupancy rates, generating revenue through rental income, asset management fees, and property value appreciation.
Product overview
Park Street A/S is a fully integrated European real estate investment and asset management firm operating three core product lines: Office Solutions (commercial office space for government agencies, educational institutions, and enterprises), Retail Solutions (retail space for fashion, grocery, home goods, sports, and specialty retailers), and Dynamic Living (accommodation solutions). Under Dynamic Living, the company offers Spark Co-Working spaces for creative work environments and Pulse Student Housing in partnership with Danish educational institutions. The portfolio includes thousands of properties across Denmark with high occupancy rates.
Differentiator
Problem solved
Functional benefit
Companies that use Park Street
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Park Street technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Park Street partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Acres.comminorAcres.com announced a partnership with Park Street Homes to support land acquisition and analysis as Park Street Homes expands its housing projects across the United States. The partnership aims to improve transparency and decision-making in high-growth, supply-constrained urban markets.
Scale indicators3 records
Recent moves8 records
Expansion highlights5 records
Park Street competitors and assessment
Company assessmentDirect peers
- Jeudan A/S: Danish-listed commercial real estate investment company focused primarily on Copenhagen office and retail properties. Directly comparable to Park Street given shared geography, asset class mix, and listed Danish equity structure.
- Dades A/S: Danish real estate investment company that owns and operates commercial properties. Comparable to Park Street as a domestic operator of office and retail real estate with a similar institutional investor base.
Broad incumbents
- Fabege AB: Swedish commercial real estate company focused on prime office properties in the Stockholm region. Comparable to Park Street's Office Solutions pillar via shared office-leasing model and Nordic footprint.
- Castellum AB: One of the largest Nordic commercial real estate companies, operating office, retail, and logistics properties across Sweden and Denmark. Comparable to Park Street as a diversified Nordic CRE investor and asset manager.
- Atrium Ljungberg AB: Swedish commercial real estate company developing and managing office, retail, and mixed-use properties in Nordic growth markets. Comparable to Park Street's mixed-use investment and asset management model.
- Kungsleden AB: Swedish commercial real estate investor with a portfolio of office, industrial, and retail properties. Comparable to Park Street through multi-sector Nordic CRE exposure and recurring rental income.
- Catena AB: Swedish listed logistics and commercial real estate company. Comparable to Park Street as a Nordic CRE investor with a recurring-rental business model across multiple property segments.
Regional players
- Entra ASA: Norwegian commercial real estate company specialising in office properties in Oslo. Comparable to Park Street's Office Solutions vertical given shared CRE-leasing model in a different Nordic geography.
- Norwegian Property ASA: Norwegian commercial real estate company owning and managing a portfolio of centrally located office properties. Comparable to Park Street as a Nordic CRE investor and asset manager focused on office real estate.
- Hemfosa Fastigheter AB: Swedish commercial real estate company with exposure to community-service properties and offices across the Nordics. Comparable to Park Street's diversified Nordic CRE investment strategy and listed structure.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Park Street financial estimates
Financial estimateRevenue estimate
Valuation estimate
Park Street leadership team
Management profileNumber of profiles
Profiles12 records
Park Street funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Park Street M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Park Street
What does Park Street do?
Park Street A/S is a fully integrated European real estate investment and asset management firm operating three core product lines: Office Solutions (commercial office space for government agencies, educational institutions, and enterprises), Retail Solutions (retail space for fashion, grocery, home goods, sports, and specialty retailers), and Accommodation Solutions (Spark co-working spaces and Pulse student housing in partnership with Danish educational institutions including DIS and DTU). The portfolio includes thousands of properties across Denmark with high occupancy rates, generating revenue through rental income, asset management fees, and property value appreciation.
Is Park Street a public or private company?
Park Street is a public company. It is currently operating.
When was Park Street founded?
Park Street was founded in 2014. It employs 11 to 50 people.
Where is Park Street based?
Park Street is headquartered in Københoved, Denmark, in the Europe region.
How does Park Street make money?
One revenue line is on record: real Estate Investment and Asset Management.
Who are Park Street's main competitors?
Direct peers on record are Jeudan A/S and Dades A/S. Broad incumbents are Fabege AB, Castellum AB, Atrium Ljungberg AB, Kungsleden AB and Catena AB. Regional players are Entra ASA, Norwegian Property ASA and Hemfosa Fastigheter AB.
Does Park Street have an API?
No public API is recorded for Park Street.
What industry is Park Street in?
Its primary akta.pro industry code is BPAJAGAE, Mixed-Use Property Management, with a secondary code of FSAEAJAN, Property Management Advisory & Leasing Administration. Its NAICS code is 53131 and its SIC code is 6531.