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In Denmark, a new Zleep hotel is being planned!

The Zleep Hotel in Vejle, Denmark, will be added to Deutsche Hospitality's portfolio.

In Vejle, in the Region of Southern Denmark, a new Zleep Hotel will be built. The project will take place in Havneen, a new urban and residential neighborhood being built alongside the Vejle Fjord promenade. The hotel will be in close proximity to the "Fjordenhus," the district's new landmark, as well as the Yacht Harbour. A total of 124 rooms are planned. There will also be a few of "Zleep Living" rooms, which are equipped with a separate kitchenette and are designed to accommodate those who prefer to stay longer. In addition, 15 suites with a total area of up to 200 square meters will provide ample space that may be reserved for longer periods of time. They'll provide visitors with a completely furnished home atmosphere while also allowing them to use hotel services like housekeeping, laundry, and the gym. Construction will be overseen by Kirk Kapital, a Danish investment firm that has been constructing a big real estate project on the harbour island of Havneen for almost ten years. The hotel is expected to open in the summer of 2022, just in time for the third stage of the Tour de France, which will begin on July 3 in Havneen, Vejle. qatar houses

The hotel will have a big lounge that includes a reception area. A bar, a breakfast room, a café, and a restaurant will also be available. Guests will be able to enjoy panoramic views of the Vejle Fjord, the promenade, and the future urban district from the roof terrace. Because of the hotel's position in Havneen, it will be a great starting place for people looking to explore the modern town center, learn about Vejle's Viking past, or embark on discovery expeditions in the surrounding countryside. A car park in the new district guarantees that residents and visitors have plenty of parking options. Denmark's financial watchdog has reacted warily to the pensions industry's set of suggestions for standards on how individual firms should value their unlisted assets, saying that while the move is excellent, it must wait to see how it is implemented.

“The Danish Financial Supervisory Authority (Finanstilsynet) finds the new guidelines very positive,” Carsten Brogaard, deputy director general of the Danish FSA (Finanstilsynet), told IPE. “We hope that increased transparency will mean that valuations will be calculated in the same way across the sector.”

“It is yet hard to know what this initiative would bring,” he remarked when asked about the FSA's reaction to the proposal. We still need to see it put to use in the real world.”

Insurance & Pension Denmark (IPD) published a recommendation for common guidelines on transparency around the valuation of unlisted assets on Wednesday. The recommendation is divided into five sections: frequency of valuation adjustments, materiality and proportionality, consistency, verification, and publication.

According to the lobby group, its pension provider members had agreed to the recommendation.

The outline of the proposed regulation was drafted in response to criticism from the Financial Services Authority (FSA), which voiced concern about the disparities in how corporations now value their unlisted or alternative investments.

Because of the large amount of cash now being invested in alternative investments, Brogaard told IPE that valuation was a top priority for the Danish FSA.

“We will continue to focus on alternative investment valuations,” he stated.

According to the FSA, the alternative asset categories it is focusing on – private equity, credit, infrastructure, and real estate – accounted for nearly a fifth of total investment assets held by Danish pension providers at the end of 2019.

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