Leading provider of property management to real estate investors in Denmark
In June 2015, Montagu agreed to acquire DEAS from Danish pension funds PKA and Sampension.
Founded in 1989, DEAS is today the market leading provider of property services for institutional and private real estate investors in Denmark. In addition to Property Management, the Company offers Technical Building Consultancy, Facility Services, Real Estate Agency Services and Property Asset Management Services. DEAS serves more than 1,000 clients and manages assets with a total value in excess of €15 billion including 82,000 rental units in more than 2,100 properties comprising a total of 7 million square metres. The Company is headquartered in Copenhagen with offices in Aarhus and Aalborg which secures coverage of most parts of Denmark. Management is led by CEO Henrik Dahl Jeppesen.
Montagu was attracted by DEAS’ market leading position in a growing market driven by an increase in the number of properties, a mix shift towards institutionally owned rental properties and the further penetration of outsourced property management services due to increasing complexity and regulation. In addition, DEAS will continue to broaden its service offering and strengthen its position as the provider of choice in the Danish market. Montagu will back a strong management team capable of further growing and improving the business.