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MT Højgaard's Enemærke & Petersen Secures New Project

MT Højgaard's Enemærke & Petersen Secures New Project

MT Højgaard Holding's New Construction Project at Sluseholmen

MT Højgaard Holding A/S has exciting news from its business unit, Enemærke & Petersen. They have partnered in a strategic alliance, ByK & TRUST, to design and construct a significant new building at Sluseholmen, located in the vibrant South Harbour district. This partnership marks a pivotal agreement with a total contract value of DKK 263 million, slated to kick off with construction activities starting in September 2025, targeted for completion by April 2028.

The Project Overview

This comprehensive project has been contracted by Byggeri København (ByK), the development unit of the City of Copenhagen, specifically representing the Social Services Administration. The new building will stand five stories tall, encompassing an impressive floor area of 8,500 square meters, including a basement. Of this, around 7,000 square meters will be dedicated to a key social residential facility designed to cater to individuals navigating life after experiencing moderate to severe brain injuries. The remaining area will house essential business and technical installations.

Details on the Residential Facility

The planned 24-hour residential facility aims to provide essential support for adults enrolled in temporary or permanent training and rehabilitation programs. The layout will feature 64 living units and shared recreational spaces that will promote a sense of community among residents. Moreover, staff will have distinct service areas to support their efforts in assisting the residents.

Commitment to Excellence

According to Morten Enkebølle, COO of Enemærke & Petersen, “We look forward to continuing the trusting collaboration with the City of Copenhagen and all project stakeholders. This endeavor stands as the largest project undertaken within the ByK & TRUST partnership to date, reflecting our dedication to creating an architecture that harmoniously meets the diverse needs of the residents. Our objective is to establish a safe and supportive environment conducive to recovery and growth.”

Sustainability Goals

With an eye towards sustainability, the team aims for the building to achieve DGNB Gold certification, underscoring their commitment to environmentally friendly construction practices.

Impact on Financial Forecast

The commencement of this project will not alter MT Højgaard Holding's financial outlook for 2025. The company continues to anticipate revenues between DKK 10 to 10.5 billion and maintains an operating profit (EBIT) forecast in the range of DKK 400 to 450 million. This strategic contract reinforces Enemærke & Petersen’s robust standing in the multi-year construction partnership sector, which has historically contributed approximately 50% of the unit's revenue early in 2025.

Collaboration History

Since 2016, Enemærke & Petersen has engaged in multi-year construction partnerships with the City of Copenhagen. Their journey began with the first strategic partnership in the construction sector, termed ByK med TRUST (TRUST I), moving into the current phase, ByK & TRUST (TRUST II). This partnership now includes reputable organizations such as Dominia, Kragh & Berglund, Lytt Architecture, Norconsult, Nøhr & Sigsgaard, Rekommanderet, and Sweco, all working together towards a common goal.

Contact Information

If you wish to learn more about the project, feel free to get in touch with CEO Rasmus Untidt or CFO Dennis Nørgaard directly at +45 31 21 68 72.

Frequently Asked Questions

What is the purpose of the new building at Sluseholmen?

The building aims to serve as a residential facility for adults in rehabilitation programs after brain injuries, providing them essential support and a safe living environment.

When is construction set to begin?

Construction is anticipated to begin in September 2025.

What certification does the building aim to achieve?

The project aspires to earn DGNB Gold certification, highlighting a commitment to sustainable construction practices.

What is the financial impact of this project on MT Højgaard?

The new contract will not affect the company's financial outlook for 2025.

Who are the stakeholders involved in this project?

The stakeholders include Enemærke & Petersen, Byggeri København, and several other participant organizations in the ByK & TRUST partnership.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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