Dades

What Dades does

Dades A/S is one of Denmark's largest privately-owned real estate investment companies, founded in 1937 by Ejnar Danielsen and headquartered in Kongens Lyngby. The company owns and manages a 26.3 billion DKK portfolio spanning approximately 1.1 million m², comprising 73 office properties (over 550,000 m²), 23 residential assets, and 13 shopping centers concentrated in Denmark's three primary metropolitan areas: Greater Copenhagen, Aarhus, and Odense. The portfolio includes landmark addresses such as Glaskuben, Krystallen, Winghouse, and the historic Handelsbankens Hus in Aarhus. All commercial properties carry DGNB operational certification, and new construction is built to a minimum DGNB Gold standard, with a stated objective of Paris Agreement-aligned CO2 reduction by 2028.

Dades generates recurring rental income across three core revenue streams: commercial office rentals (typically 395–1,395 DKK/m²/year), retail and shopping center leases (1,000–2,900 DKK/m²/year), and residential tenancies including DGNB Gold-certified projects such as Solhusene in Bagsværd. The company reports an FY2025 result of 1.3 billion DKK on a 1–10 employee operating base, reflecting a highly capital-intensive asset model in which day-to-day property and facility administration is outsourced to Newsec. The company was majority-owned by Novo Holdings A/S (57.99%) and Aase og Ejnar Danielsens Fond (41.94%), with the original 1975 foundation transfer anchoring a long-term, patient-capital ownership structure.

In 2025–2026 Dades completed a five-year asset management and development partnership with Urban Partners (formerly Nrep) and insourced the management function, appointing a new CEO (Kristian Krogh) in April 2026. Recent enterprise tenant wins include Netcompany (Aarhus headquarters, September 2026) and Boozt (Krystallen, Copenhagen, March 2026), with go-to-market executed through the company website, direct leasing agents, and a centralized property listings platform.

Name

Dades

Legal name

Dades A/S

Website

https://dades.dk

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

1–10 employees

Short description

Dades A/S is a Danish privately-owned real estate investment company managing a 26.3 billion DKK portfolio of 1.1 million m² of office, retail, and residential properties in Copenhagen, Aarhus, and Odense, serving commercial tenants and residents through DGNB-certified, sustainability-led assets.

Ownership category

akta.pro rank

Headquarters

HQ city

Kongens Lyngby

HQ country

Denmark

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Commercial Property Rental: Rental income from office, retail, and warehouse spaces across Denmark. Properties include office buildings, shopping centers, and mixed-use developments. Rental agreements typically include annual rent, operating costs, and utility deposits.
2. Residential Property Rental: Rental income from 23 residential properties focused on functionality, comfort, and operational efficiency, including properties like Solhusene (DGNB Gold) in Bagsværd.
3. Shopping Center Operations: Revenue from 13 shopping centers including WAVES in Greve and RO's Torv in Roskilde, with active management, tenant mix optimization, and ongoing development.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Dades is a Danish real estate investment company that owns, develops, and leases a portfolio of commercial office buildings, retail spaces, shopping centers, and residential properties. The portfolio spans approximately 1.1 million m² across Greater Copenhagen, Aarhus, and Odense, with all commercial properties DGNB operation-certified. Revenue is generated primarily through recurring rental income from direct leases with commercial and residential tenants.

Product overview

Dades operates as a diversified real estate investment company offering commercial office rentals, retail space leasing, and residential property investments. The portfolio comprises 73 office buildings (primarily in Greater Copenhagen, Aarhus, and Odense), 23 residential properties, and 13 shopping centers. Key named properties include Glaskuben, Krystallen, Winghouse, Handelsbankens Hus, WAVES shopping center, RO's Torv, and Solhusene. The company also manages individual office, retail, and clinic units available for lease through its website.

Differentiator

Problem solved

Functional benefit

Products and services

• Office Rentals (Kontorlejemål) Commercial office space rentals across Denmark, ranging from small flexible suites (3-10 persons) to large corporate headquarters of 4,000+ m². Portfolio includes 73 office buildings in prime locations across Greater Copenhagen, Aarhus, and Odense, with notable addresses such as Glaskuben, Krystallen, Winghouse, and Tuborg Nord properties. Annual rents range from 395 to 1,395 DKK/m²/year plus operating costs.
• Retail Rentals (Butikslejemål) Retail space rentals across Denmark, including shopping center units and street-level stores. Portfolio includes 13 shopping centers such as WAVES in Greve and RO's Torv in Roskilde, plus standalone retail properties. Annual rents range from 1,000 to 2,900 DKK/m²/year. Designed for retail tenants seeking visibility, foot traffic, and presence in active commercial areas.
• Residential Properties (Boliger) Rental residential properties in major Danish urban areas, focused on functionality, comfort, and operational efficiency. Includes 23 residential properties such as Solhusene in Bagsværd (DGNB Gold certified). Designed for tenants seeking quality, sustainable housing in Copenhagen, Aarhus, and Odense.
• Shopping Center Operations Active management and development of 13 shopping centers across Denmark, including WAVES in Greve and RO's Torv in Roskilde. Includes tenant mix optimization, ongoing development, and sustainability upgrades such as solar cell installations. Generates recurring rental income and supports retail tenants in established commercial locations.

Quantifiable outcome

• DGNB-certified properties across entire commercial portfolio
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core, major and supporting.

• NewseccoreImplementation/ SI/ Consulting PartnerNewsec handles property administration and facility management for Dades' entire portfolio. They manage day-to-day tenant relations, property operations, and provide ongoing reporting to Dades' finance department. Newsec also serves as data processor for tenant data under GDPR compliance.
• Nrep (now Urban Partners)majorStrategic or Co-development PartnerFive-year asset management and development partnership concluded in 2026. Urban Partners supported portfolio development through targeted asset improvements, renovations, and sustainability strategy development targeting CO2 reduction per Paris Agreement by 2028. Partnership successfully completed with portfolio transition back to Dades' internal management.
• PwCsupportingImplementation/ SI/ Consulting PartnerExternal tax advisors assisting with annual tax returns, complex tax matters, and transfer pricing compliance. Works closely with Newsec and Dades' finance department on tax preparation and filing.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Danica Ejendom: Danica Pension's real estate arm focuses on office, retail, and residential investments in Denmark. Comparable as a long-duration Danish real estate investor with institutional backing.
• Heimstaden: Nordic residential real estate investor with Danish holdings. Comparable as a long-duration Nordic property owner, though more weighted toward residential housing than Dades' office-led portfolio.
• ATP Ejendomme: ATP's real estate division invests across Danish commercial property markets with a focus on prime locations. Directly comparable to Dades in scale and Danish concentration strategy.
• Wihlborgs Fastigheter: Swedish commercial real estate company focused on offices in the Öresund region including the Copenhagen area. Comparable as a Nordic office specialist operating in some of the same sub-markets as Dades.
• PensionDanmark Ejendomme: One of Denmark's largest institutional real estate investors with significant commercial property holdings. Directly comparable to Dades as a large, long-duration Danish real estate investor competing for prime assets in the same markets.
• PFA Real Estate: PFA's real estate arm manages a multi-billion DKK portfolio of Danish commercial and residential properties. Comparable as a major Danish institutional real estate investor with similar long-term patient capital approach.

Direct peers

• Urban Partners (formerly Nrep): Nordic real estate investment manager that just concluded a five-year asset management partnership with Dades. Directly comparable as a Danish/Nordic commercial real estate operator serving similar client mandates and competing for similar assets.
• Catella Real Estate Denmark: Active Danish commercial real estate investor with comparable office and retail portfolio focus. Direct peer competing for similar asset types and tenants in prime Danish markets.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks2 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dades-a-s

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dades