REAL ESTATE COMPANY HELLEBRO
Real estate company Hellebro is a Social Impact Investment, i.e. an investment which besides a financial return to the investors should also generate a social and/or environmental return.
Real estate company Hellebro is founded 22 February 2018 and is offered to a select group of investors, all having payed an equity of 35,000,000 DKK.
The company has invested in a property on Mosedalsvej 15 in Valby which is to be renovated to accommodate a drop-in centre and a temporary home for marginalized and homeless young people. The property has one single tenant, the Hellebro society, which runs the drop-in centre and home among other things.
Hence the purpose of the investment is to facilitate acquisition and renovation of the property which subsequently is utilised by the Hellebro society.
Expenses deriving from administration of the real estate company and the renovation management are defrayed by Core Property Management, given that Core Property Management handles the administration and management of the real estate company for free.
Hellebro is a private founded, non-profit drop-in centre for homeless young people between 18-29 years, which was founded in April 2015. Hellebro works as a co-creation platform in which public relief units, companies and volunteers cooperate to help homeless young people get a home, job and education.