FLSmidth is building a new campus in Copenhagen that will be the workplace of more than 1000 people.
An agreement signed between FLSmidth and ATP Real Estate marks the first step towards a new, modern campus on the Valby HQ site in Copenhagen.
 
Converting the property into the new campus will involve a full-scale renovation of the historic buildings facing Vigerslev Allé worthy of preservation combined with the addition of brand new office facilities.
 
"Our existing buildings do not meet contemporary standards, so in any case we would need to find new premises within a short period of time. We wish to work with the municipal authorities to develop a new local plan, so we can retain our ties with the Valby district. With ATP Real Estate as the owner, we intend to commence a long-term partnership on developing the new campus and secure a presence for FLSmidth in the district for many years to come," said Christian Halken, country head and SVP, FLSmidth.
 
The rest of the existing buildings are expected to be demolished, making room for new residential housing at the southern end of the FLSmidth site. The project, which will be developed and managed by ATP Real Estate, will be subject to a new local plan.
 
FLSmidth and ATP Real Estate have signed an exclusive agreement that will see ATP become the investor, developer and landlord of the property. Construction is expected to commence in 2019-20.