Supports sustainable architecture and urban development projects.
Realdania is a private association in Denmark that supports projects in architecture and planning. Established in 2000, it focuses on three main areas: cities, buildings, and architectural heritage. The association aims to improve the quality of life through the built environment and is funded by the return on its investments. Realdania has a significant financial resource base, with an endowment of approximately EUR 2.1 billion as of 2011. The association operates through a membership model, with about 185,000 members who are owners of real estate in Denmark. These members participate in electing the board, making it a unique democratic structure. Recent projects supported by Realdania include initiatives to address rising sea levels in Danish coastal cities, in collaboration with the Danish Ministry of Environment. The association has also funded projects such as the ARoS Aarhus Kunstmuseum in Aarhus and the Brewery Site in Copenhagen, designed by architect Rem Koolhaas. Specific criteria for receiving funding include alignment with Realdania's focus areas and the potential to contribute positively to the built environment in Denmark. However, detailed information on typical project financing amounts is not readily available.