BUY / RENT
Strong results for ALFA Development based on strong activity and outstanding team efforts
ALFA Development today announced solid results for 2021. The property developer, which also owns a portfolio of investment properties, came out of 2021 with a profit before tax of DKK 209 million and a solvency ratio of 48%.
ELF Development Becomes ALFA Development
May 2, ELF Development becomes ALFA Development. The new name prepares the company for international expansion within urban development with an ambition of showing new ways in the industry.
ALFA Development acquires commercial property in Glostrup: New, sustainable neighbourhood on the way
Smedeland 6 is the name of the commercial property that the real estate company ALFA Development has acquired as of 31 December 2021. The plan is to convert the property, which has so far been used for commercial purposes, into a 15,000 sq m residential area. This will happen with a specific focus on sustainability, quality of life and biodiversity as part of a larger master plan for the 160 acres Hersted Industripark.