The mansion was built for the financier Paul Hagemann in 1918.

One of Hagemann's sons, Jørgen Hagemann, had been a military volunteer on the Finnish side in the Winter War against the Soviet Union and again in the Continuation War where he was killed in action at Hangö in the summer of 1941.

[2] The building contains the official residence of the Finnish ambassador to Denmark.

It also contains residences for other staff at the embassy, representative facilities and guest rooms.

The Finnish embassy in Copenhagen is located at Sankt Annæ Plads.