Stensdal Group's portfolio of investment properties has reached a size that has prompted company owner and founder Søren Stensdal to promote two key real estate profiles and formalize management.
The promotion applies to Lars Vestergaard Olsen, who after five years as Project Development Manager has been appointed Property Director and Uno Sand, who after six years as Property Manager is promoted to Head of Asset Management.
At the same time, Lars Vestergaard Olsen has joined the management of Stensdal Group.
The promotion applies to Lars Vestergaard Olsen, who after five years as Project Development Manager has been appointed Property Director and Uno Sand, who after six years as Property Manager is promoted to Head of Asset Management.
At the same time, Lars Vestergaard Olsen has joined the management of Stensdal Group.
This is part of a long-term plan to expand Stensdal Group's portfolio of investment properties.
"With an organization that includes both project development and active management of residential and commercial investment properties, it makes a lot of sense to establish a clear organizational division between properties in the development phase and properties in operation. Our pipeline indicates quite significant growth in both areas, which we need to prepare the organization for. Therefore, strengthening the management is a natural step."
says Søren Stensdal, who looks forward to being able to focus further on development projects in close collaboration with Project Director Peter Weyhe.
Lars Vestergaard Olsen, who as Project Development Manager has handled leases and acquisitions, is looking forward to a more visible role as Property Director:
"Our portfolio of commercial properties is well-trimmed and of high quality, and I'm delighted to have been given the overall responsibility, together with my talented colleagues, to continue developing and expanding the portfolio. Our now well-known Stensdal style is attracting more and more companies that want to live a little better than most. We will therefore continue to expand by acquiring properties and building opportunities around Copenhagen and in North Zealand."
The management team now consists of CFO Martin Sørensen, Property Director Lars Vestergaard Olsen, Project Director Peter Weyhe and CEO Søren Stensdal.
Stensdal Group recently presented its best financial statements ever with a profit of DKK 148 million after tax for the period 1 October 2020 to 30 September 2021. With equity of just over DKK 500 million and an equity ratio of over 40%, the group is financially well consolidated and ready to act.