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Copenhagen is home to the University of Copenhagen, the Technical University of Denmark and Copenhagen Business School.The University of Copenhagen, founded in 1479, is the oldest university in Denmark.In 1186, a letter from Pope Urban III states that the castle of Hafn (Copenhagen) and its surrounding lands, including the town of Hafn, were given to Absalon, Bishop of Roskilde 1158–1191 and Archbishop of Lund 1177–1201, by King Valdemar I.On Absalon's death, the property was to come into the ownership of the Bishopric of Roskilde.
Since the turn of the 21st century, Copenhagen has seen strong urban and cultural development, facilitated by investment in its institutions and infrastructure.
Beginning in the 17th century it consolidated its position as a regional centre of power with its institutions, defences and armed forces.
After suffering from the effects of plague and fire in the 18th century, the city underwent a period of redevelopment.
The earliest written mention of the town was in the 12th century when Saxo Grammaticus in Gesta Danorum referred to it as Portus Mercatorum, meaning Merchants' Harbour or, in the Danish of the time, Købmannahavn.
Defensive ramparts and moats were completed and by 1177 St. Attacks by the Germans continued, and after the original fortress was eventually destroyed by the marauders, islanders replaced it with Copenhagen Castle.