Owners, management and financials
CVR: 39756781
Previous names: PFA Global PropCo 8 ApS
DKK 8,709,271
Revenue
Net result: DKK -67,060,883
PFA Europe Real Estate Low II A/S (100%)
CVR · view owners
Michael Hansen
Board: Peter Kenneth Morgan (chair) and 2 members
CVR · view management
Active
Founded 2 August 2018
CVR · view overview
0 employees
Annual report 2025 · average
Director role ended: Mikael Arne Fogemann
CVR · 01/12/2023
View the full event history
PFA German Real Estate Low VIII ApS is a Danish company of the type Anpartsselskab based in København Ø, founded in 2018. The company is registered under the industry Køb og salg af egen fast ejendom. The company was previously named PFA Global PropCo 8 ApS. The management consists of Michael Hansen. The board consists of Peter Kenneth Morgan (chair), Michael Hansen and Vibeke Bodi. The company is owned by PFA Europe Real Estate Low II A/S. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported revenue of DKK 8,709,271 and a net result of DKK -67,060,883 compared with DKK -7,554,592 the year before. Equity in the 2025 report amounted to DKK 347,644,359.
Source: annual report 2025, Danish Business Authority
The financial health of PFA German Real Estate Low VIII ApS shows significant volatility, with a concerning trend in profitability. In 2025, the company reported a revenue of 8,709,271 DKK but incurred a substantial loss of 67,060,883 DKK, indicating challenges in managing expenses relative to income. While equity has increased to 347,644,359 DKK, the overall trajectory suggests instability, with losses persisting from previous years, including a 7,554,592 DKK loss in 2024. The company's position within the real estate industry appears precarious, marked by fluctuating revenues and ongoing profitability issues that could impact its long-term viability.
AI-generated summary · Generated 20/03/2026
Selskabets formål er at foretage direkte eller indirekte investeringer i fast ejendom i udlandet.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 8.7 mio. | -67.1 mio. | 456.9 mio. | 347.6 mio. | 0 | |
| 202401/01/2024 – 31/12/2024 | 6.9 mio. | -7.6 mio. | 229.6 mio. | 130.6 mio. | - | |
| 202301/01/2023 – 31/12/2023 | 863 t. | -15.4 mio. | 231.9 mio. | 138.2 mio. | - | |
| 202201/01/2022 – 31/12/2022 | - | -1.1 mio. | 44.1 mio. | 41.6 mio. | 0 | |
| 202101/01/2021 – 31/12/2021 | - | -907 t. | 15.5 mio. | 13.9 mio. | 0 | |
| 202001/01/2020 – 31/12/2020 | - | 15 t. | 672 t. | 292 t. | 0 |
Compared to 7.303 companies in Køb og salg af egen fast ejendom
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
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Set up monitoringThe CVR number of PFA German Real Estate Low VIII ApS is 39756781.
PFA German Real Estate Low VIII ApS is owned by PFA Europe Real Estate Low II A/S.
The management of PFA German Real Estate Low VIII ApS consists of Michael Hansen.
The board of PFA German Real Estate Low VIII ApS consists of Peter Kenneth Morgan, Michael Hansen and Vibeke Bodi, with Peter Kenneth Morgan as chair.
In 2025, PFA German Real Estate Low VIII ApS reported revenue of DKK 8,709,271.
PFA German Real Estate Low VIII ApS had an average of 0 employees in the 2025 financial year according to the annual report.
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PFA German Real Estate Low VIII ApS has published its annual report for 2025. Revenue came to DKK 8,709,271, and the net result was DKK -67,060,883.
PFA German Real Estate Low VIII ApS has published its annual report for 2024. Revenue came to DKK 6,901,133, and the net result was DKK -7,554,592.
PFA German Real Estate Low VIII ApS has published its annual report for 2023. Revenue came to DKK 863,253, and the net result was DKK -15,421,743.
As of March 5, 2024, EY Godkendt Revisionspartnerselskab has been appointed auditor of PFA German Real Estate Low VIII ApS.
As of March 5, 2024, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of PFA German Real Estate Low VIII ApS.
As of December 1, 2023, Peter Kenneth Morgan has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of December 1, 2023, Michael Hansen has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of December 1, 2023, Michael Bruhn has left the board of directors of PFA German Real Estate Low VIII ApS.
As of December 1, 2023, Mikael Arne Fogemann has left the board of directors of PFA German Real Estate Low VIII ApS.
As of December 1, 2023, Michael Hansen is registered as director of PFA German Real Estate Low VIII ApS.
As of December 1, 2023, Mikael Arne Fogemann has stepped down as director of PFA German Real Estate Low VIII ApS.
As of May 17, 2023, Vibeke Bodi has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of May 17, 2023, Mary Anne Nybro Ekberg has left the board of directors of PFA German Real Estate Low VIII ApS.
PFA German Real Estate Low VIII ApS has published its annual report for 2022. The net result was DKK -1,057,000.
As of February 1, 2023, Mikael Arne Fogemann is registered as director of PFA German Real Estate Low VIII ApS.
As of February 1, 2023, Jakob Kær Bille Krogh Nielsen has stepped down as director of PFA German Real Estate Low VIII ApS.
As of May 24, 2022, Mikael Arne Fogemann has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of May 24, 2022, Henrik Nøhr Engelbrekt has left the board of directors of PFA German Real Estate Low VIII ApS.
As of May 24, 2022, Jakob Kær Bille Krogh Nielsen is registered as director of PFA German Real Estate Low VIII ApS.
As of May 24, 2022, Henrik Nøhr Engelbrekt has stepped down as director of PFA German Real Estate Low VIII ApS.
PFA German Real Estate Low VIII ApS has published its annual report for 2021. The net result was DKK -907,000.
PFA German Real Estate Low VIII ApS has published its annual report for 2020. The net result was DKK 15,000.
As of March 17, 2021, Henrik Nøhr Engelbrekt has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of March 17, 2021, Mary Anne Nybro Ekberg has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of March 17, 2021, Vibeke Bodi has left the board of directors of PFA German Real Estate Low VIII ApS.
As of March 17, 2021, Mikael Arne Fogemann has left the board of directors of PFA German Real Estate Low VIII ApS.
As of March 17, 2021, Henrik Nøhr Engelbrekt is registered as director of PFA German Real Estate Low VIII ApS.
As of March 17, 2021, Pia Bastrup has stepped down as director of PFA German Real Estate Low VIII ApS.
PFA German Real Estate Low VIII ApS has published its interim report for the period August 2, 2018 – December 31, 2019.
On December 7, 2018, the company changed its name from PFA Global PropCo 8 ApS to PFA German Real Estate Low VIII ApS.
As of August 6, 2018, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PFA German Real Estate Low VIII ApS.
As of August 6, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of PFA German Real Estate Low VIII ApS.
As of August 2, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PFA German Real Estate Low VIII ApS.
As of August 2, 2018, Michael Bruhn has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of August 2, 2018, Vibeke Bodi has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of August 2, 2018, Mikael Arne Fogemann has joined the board of directors of PFA German Real Estate Low VIII ApS.
As of August 2, 2018, Pia Bastrup is registered as director of PFA German Real Estate Low VIII ApS.
As of August 2, 2018, PFA Europe Real Estate Low II A/S is registered as an owner of PFA German Real Estate Low VIII ApS with an ownership share of 100%.
PFA German Real Estate Low VIII ApS was founded on August 2, 2018.

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