the government of Denmark is among the six countries, the united nations special rapporteur Leilani Farha have contacted to warn against private equity funds such as Blackstone.

at the same time, the government has been reminded that it has human rights obligations in relation to regulate investment in the housing, so that the investment supports the right to adequate housing and in no way undermines this right.

– the Governments have not yet understood that this new form of financing takes place within a territory subject to human rights law, and that they therefore have obligations, ” says Leilani Farha in a press release issued from the UN this morning.

For Extra Magazine she explains why it is precisely from Denmark, she dishes please contact:

– I want the government to understand that the Blackstones acquisition is a real problem. One of the worst is to lose its home, and it is happening to many people right now in Copenhagen, she says.

UN human rights experts condemn in the letter the extreme business practices used by large private equity funds like Blackstone, which buy lavindkomstboliger and housing at affordable prices, then they renovate them and raise the rents significantly, so that the bearings are forced out of their own home.

in Addition to Denmark, the UN rapporteur turned to the Czech republic, Ireland, Spain, Sweden and the UNITED states.

Leilani Fahra now warning countries all over the world on the Blackstone.

Leilani Farha is in Copenhagen in connection with the world premiere of Fredrik Gerttens new film, PUSH, which premiered on Saturday during CPH:DOX in the Grand Theater. During a subsequent panel discussion with, among others, housing minister Ole Birk Olesen and During the boligordfører Kaare Dybvad refused the minister to recognise that the Blackstones acquisition is a problem.

He, however, considers that the rising house prices is because so many people will want to stay in Copenhagen.

– The underlying problem is that there are too many people who move to Copenhagen. We must take care of by building more homes, he says.

The announcement is Leilani Fahra disagree with him.

– the Government must stop believing that it is only a matter of more homes. It’s about building more affordable housing in the cities, she says.

Leilani Farha wrote to Blackstone and expressed serious concern that the Blackstones actions are not in accordance with international human rights law, including the right to housing.

the UN rapporteur makes note of the fact that foreign investors accounted for 71 percent of all real estate purchases in Copenhagen in 2017, and that Blackstone now, after two years of procurement has 136 Danish properties purchased through the Danish partner North 360.

Blackstones headquarters in New York. Photo: WG Film

Leilani Farha will now try to get a meeting with Copenhagen’s mayor, Frank Jensen. She hopes he will sign a letter of intent to make housing a human right. Moreover, she believes that it is important that the Copenhagen builds more affordable housing.

Ekstra Bladet tried on Tuesday in vain to get the mayor to look more closely at the letter of intent.

Malmö mayor Katrin Stjernfeldt Jammeh wrote last week on the UN’s declaration of intent, which are called The Shift.

List of cities, who has signed the pledge

Amsterdam

Asuncion

Bangangte

Barcelona

Beitunia

Berlin

Blantyre

Bologna,

Buenos Aires

Cascais

Paris

Rennes

Rio Grande

San Antonio de Areco

Seoul

Taipei

Terrassa

Vienna

Zaragoza

Durban

Eyyubiye

Jakarta

Lisbon

Manneheim

Mexico City

Medellin

Montreal

Montevideo

New Taipei