This spring saw the groundbreaking ceremony take place for Logicenters’ modern 14,872 m2 cross-dock facility outside Copenhagen in Denmark. It was subsequently announced that Bring Danmark would lease just over 70 percent of the property. However, it has become clear that Bring is expanding and will lease the entire facility.
In February 2019, an agreement was signed between Logicenters and Bring Danmark regarding the leasing of 11,160 m2 of logistics space in a modern cross-dock facility in Greve, Denmark. Groundbreaking for the new facility took place the following month. It has now become clear that Bring will be leasing the property’s total area of 14,872 m2 instead of the previously announced area. As a result, the company is expanding its logistics space at the property by just over 30 percent.
“It is gratifying that Bring’s investment in e-commerce has yielded such good results that even before the completion of the logistics facility, it is expanding its logistics area. For Logicenters, it is important to be able to anticipate our customers’ future needs in order to meet them when they arise. This is evidence that our flexible business model supports our customers in their growth”, says Matthias Kettelhoit, Head of Logicenters.
The modern cross-dock facility will have a clear environmental profile and will be equipped with solar cells on the roof. Sorting will be possible in two stories as the building will be around 12 metres high. The safety of the employees is also prioritised with the construction of a footbridge from the car park to the office. The facility is under construction and is scheduled for completion in 2020.
“We are delighted that the demand for our e-commerce venture has exceeded our expectations, resulting in the need to expand our logistics area. Logicenters has been very accommodating in meeting our logistical needs and requirements for sustainability. As a tenant, it certainly feels secure to have Logicenters as the property owner”, says Jens Rom, Managing Director at Bring Danmark.
Logicenters is now strengthening its team to support continued growth. Thomas Petersen is joining the Danish team as Commercial Manager with 27 years of experience in the logistics industry. His most recent position has been director of consulting and transaction services at CBRE.
Logicenters is undergoing an expansion phase and is growing in terms of both real estate holdings and organisationally. Thomas Petersen has been recruited as part of investment in the further strengthening of operations in Denmark. He is assuming the role of Commercial Manager and will be responsible for business development in Denmark.
“I have personally worked with Logicenters as a customer and know how competitive the business is. It has an experienced team, rapid processes and a flexible business model, which are the keys to success in logistics. I am looking forward to helping Logicenters become the obvious choice in Denmark by finding good solutions for potential customers and enabling existing customers to grow with us,” says Thomas Petersen.
Thomas Petersen has worked in the logistics industry for 27 years. He has a background at Kuehne & Nagel, was Operational Manager for Singapore Airlines Cargo and was also Scandinavian General Manager at Worldwide Flight Services. His most recent position has been at CBRE where he was director of consulting and transaction services.
“When I met Thomas, I knew right away that he would be a great asset for Logicenters. He has substantial experience, a large network of contacts and an in-depth understanding of our business. By connecting important people to us, we remain competitive, guaranteeing continued growth. I am proud that Thomas has chosen to join our team and look forward to taking our operations in Denmark to the next stage with him,” says Matthias Kettelhoit, Commercial Head of Logicenters.
Since May 2018, Logicenters has been developing a new logistics facility just outside Copenhagen. At the time development began, a lease was also signed with Havi Logistics, which have moved into 4,500 m2 leaving 8,900 m2 available for another tenant.
Logicenters’ new logistics facility at Vejleåvej 11 in the industrial district of Winthersminde outside Copenhagen has now been completed. A lease was signed with Havi Logistics back in May 2018 when the development was beginning. The lease is for a logistics area of 4,500 m2 and comprises freezer, refrigerated and traditional storage. Havi Logistics has moved into the property, which has a total area of 13,400 m2. This means that there is still 8,900 m2 of modern high ceiling logistics space available for a new tenant.
“We have cooperated closely with Havi Logistics throughout the development process to ensure that its needs have beenfully met. At the same time, we have succeeded in constructing a generic facility complying with modern specifications so that the facility can also be adapted for tenants wishing to move into the remaining 8,900 m2. It is a strategic position for us to develop a state-of-the-art facility and the property is part of our investment in increasing our presence in the Copenhagen area,” says Mikael Sahlin Olesen, Asset Manager at Logicenters.
Logicenters is expanding at a greater rate than ever before. With a total of nine logistics facilities under development, the company is strengthening its position in the Nordic market significantly. The total area currently being developed by Logicenters amounts to a total of 227,000 m2, with several LOIs also having been signed.
Logicenters is a leading developer and owner of modern logistics facilities in the Nordic region. In August 2018, the total holding of logistics space amounted to 1.6 million m2. This figure continues to rise and Logicenters currently has nine ongoing development projects totalling 227,000 m2. Of these, six are in Sweden, two in Denmark and one in Finland. In addition, LOIs have been signed for an additional 210,000 m2, including a 110,000 m2 facility for Axfood in Bålsta, Sweden.
“I am incredibly proud of Logicenters’ success. It is thanks to a strong team and a unique operational flexibility that we have been able to grow at the pace we have. This current expansion is enabling us to increase our presence in important logistics hubs and a natural consequence of this is that we need further reinforcement of the team. We are now looking for project developers for several of our development projects,”says Matthias Kettelhoit, Commercial Head at Logicenters.
A sustainable focus
Sustainability is one facet of today’s Logicenters development projects. Energy-efficient solutions and solar panels on roofs are examples of recurring specifications in the construction of new properties. According to Logicenters’ Head of Development, Eva Sterner, the sustainability strategy is an important success factor.
“Reducing our carbon footprint to the greatest possible extent is of the utmost priority to us. Our sustainability strategy integrated in the logistics portfolio enables us to help our customers reach their climate goals, something that we know is appreciated. The great interest in our facilities is a confirmation that we maintain a high standard of development and we will continue to work to meet the functional and sustainable logistics needs of tomorrow,” says Eva Sterner, Head of Development at Logicenters.
Yesterday marked the start of the construction of Logicenters’ new property in Greve, Denmark. The cross-docking facility is scheduled for tenant hand-over in 2020.
Logicenters has now broken ground on a new construction in Greve, a suburb to Copenhagen. The development is one of the first modern cross-docking facilities of its type; an added height of the building will enable two-story sorting and a 2,000 m2 mezzanine level will be fitted out as offices, future proofing the property for the long term.
”Logicenters strives to always be at the forefront of this type of property development and the facility’s specifications display the characteristics of a modern logistics facility. We are proud to be building a cross-docking facility that will reflect the logistics of tomorrow, especially in an important hub such as Greve”, says Matthias Kettelhoit, Commercial Head at Logicenters.
The facility will have a clear environmental profile and will be equipped with solar panels on the roof. Also, the safety of the employees is highly prioritised with the construction of a footbridge leading people from the car park to the mezzanine offices while avoiding any pedestrians passing the lorry terminals. The tenant, Bring Danmark, will be leasing the majority of the facility.
Logicenters continues to strengthen its portfolio in the Danish market by the acquisition of a 17,400 m2 facility in the attractively located logistics hub of Brøndby. The current tenant Mediq Danmark A/S will retain its business in the property.
As a leading owner and developer of modern logistics facilities in the Nordic region, Logicenters continues to strengthen its portfolio by acquiring a 17,400 m2 property in Brøndby – a strategically important location in close proximity to Copenhagen.
The acquisition of the property at Kornmarksvej 15 in Brøndby contributes to the existing relationship between Logicenters and the tenant Mediq. The two have a long-standing corporation in Finland with Mediq as a valued customer, and with Logicenters’ acquisition of Kornmarksvej the relationship is further strengthened.
“We are delighted with the acquisition in Brøndby, as it is a strategically located asset in an area with bright prospects. We are also looking forward to expanding our cooperation with Mediq in Denmark, which is an existing customer in Finland”, says Anders Østergaard Hansen, Investment Manager at Logicenters.
“We were pleased to learn that the future landlord of our headquarters in Denmark is a long-term owner like Logicenters, and we look forward to working with Logicenters in the future”, says Ulrik Rokkedal Therkildsen, Managing Director at Mediq Danmark.
Financing has been provided by Spar Nord and NT Advokater acted as legal advisor.
Logicenters announces that it will develop a 14,872 m2 modern logistics property near Copenhagen in Denmark. With almost 12 metres to the roof, this modern cross-docking facility will enjoy added flexible specifications for future use. The property is scheduled to complete in 2020, at which point the tenant, Bring Danmark, will move in its operations.
A new 14,872 m2 modern logistics property will be completed by Logicenters in April 2020 at Ventrupparken 4 in Greve, a suburb to the Danish capital, Copenhagen. The majority of the building has already been leased to Bring Danmark. The facility will be particularly visible as it’s positioned adjacent to the busy E20 motorway leading in to Copenhagen and further in to Sweden.
Due to the added height of the building of almost 12 metres, it will be possible to do two-story sorting and a 2,000 m2 mezzanine level will be fitted in as offices. The facility is also being built with the long-term aim to be able to adapt to future logistics needs, for example by using it as a warehouse.
The facility will have a clear environmental profile and will be equipped with solar panels on the roof. Also, the safety of the employees is highly prioritised with the construction of a footbridge leading people from the car park to the mezzanine offices while avoiding any pedestrians passing the lorry terminals.
“We look forward to moving into the new and modern premises which have been adapted in line with both our environmental profile and our major investment in online shopping. The new logistics facility strengthens our position as one of the most important logistics companies in the Nordic region,” says Jens Rom, Managing Directorat Bring Danmark.
“We are incredibly proud to build a facility that reflects the logistics of the future in Greve. The solar panels, the footbridge and the facility’s height are just some of the characteristics of a very modern logistics facility. Logicenters strives to always be at the forefront of this type of property development and it is great that Bring is also part of this journey,” says Matthias Kettelhoit, Commercial Head at Logicenters.
Logicenters’ acquisition of a 21,000 m2 logistics facility in Odense is now complete. The agreement was signed in April 2018 as the construction of the property had just started. The facility has now been completed and the tenant GASA Group recently moved in.
Logicenters, the market leader and developer of modern logistics facilities in the Nordic region, is continuing to expand its logistics portfolio. In April 2018, a contract was signed for the acquisition of a new modern logistics facility in Odense. The 21,000 m2 property is now complete and tenant GASA Group has moved its business in. In total, the property comprises a 11,200 m2 terminal, a 6,200 m2 warehouse and 3,600 m2 of office space.
“The final developmentand construction of the new property has been fast, and we are proud of the facility’s modern specifications. With an excellent strategic position in Denmark, it fits very well into our logistics portfolio. It will now be very exciting to follow GASA Group’s business in the facility and we will, of course, continue to support them as a long-term owner”, says Matthias Kettelhoit, Commercial Head, Logicenters.
The property is located at Logistikvej 4 in Odense, Denmark. The location has been strategically chosen because Odense is centrally located in Denmark and close to the suppliers of GASA Group. The site offers easy access to both the E20 motorway to Copenhagen and the E45 to Germany.
”It has been a pleasure to join and support the dedicated GASA project management, in the development of the building. GASA acted very cooperative and professional during the process, and together with the turnkey contractor Dansk Halentreprise ensured that the project could behanded over ahead of schedule.”, says Jesper Kyhl Gudmann, Project Director at Logicenters.
”We are very satisfied with the move to our new modern warehouse and office premises that provide an excellent work environment for our employees and allow us to grow our business further. We also appreciate the cooperation with Logicenters during the construction phase and look forward to continuing the cooperation with a long-term property owner”, says Claes Riber, Group CFO at GASA Group.
With the ambition to further strengthen the organisation, Anders Østergaard Hansen is appointed to lead Logicenters’ Danish investment team and be responsible for logistics investments and asset management in Denmark.
Logicenters’ ambition for the coming years is to continue strengthening its leading position in modern logistics facilities in the Nordic region. Anders Østergaard Hansen will work to further strengthen Logicenters’ presence and offering in the Danish market.
Anders Østergaard Hansen has worked as an Investment Manager at NREP for two years. He now takes on the role at Logicenters, where he will have overall responsibility for investments and asset management in Denmark. Having previously worked for the LEGO Group and McKinsey & Co, Anders Østergaard Hansen has outstanding expertise in investment and business analysis. With his help, Logicenters will remain at the forefront of the development of modern logistics facilities.
“We have great aspirations when it comes to Logicenters’ development in order to better support our tenants. This requires us to work with the best people and Anders is one of them. With his leadership and expertise in business development, he is an important asset and I am delighted that he has now joined our team”, says Matthias Kettelhoit, Commercial Head at Logicenters.
Logicenters, the largest owner and developer of modern logistics properties in
the Nordic region, introduces their first solar PV project starting construction during spring 2019. The project involves installing five solar PV systems on five logistics properties in Denmark, and will be Logicenters largest environmental investment to date.
This spring, Logicenters will undertake a large solar PV project in Denmark. Logicenters won the Danish Energy Agency’s tender to install rooftop solar panels on five logistics facilities across Denmark. The project is Logicenters’ largest environmental investment to date and the first one in solar energy. The solar panels are estimated to produce 5.9 GWh of green energy per year resulting in an annual CO2 emission saving of 3 400 tons.
”We are very happy with the opportunity to strengthen the renewable profile of our properties. We are turning the roof areas of our properties into an economic resource and at the same time, this enables us to supply our tenants with green energy,” comments Johan Hallgren Madsen, responsible for Energy Performance at NREP/Logicenters.
The installation of the solar PV systems begins in spring 2019 and is planned to be completed approximately two months later. The solar panels will be installed on properties that are located in Greve, Horsens, Høje Taastrup, Ishøj and Aarhus. In the foreseeable future, Logicenters hopes to carry out installations of rooftop solar PV systems on several of their facilities in the Nordic region.
“Green energy will be essential in the future for modern logistics, and this project enables us to help our customers reach their sustainability goals and to supply them with green power. Modern logistics is undergoing rapid green transition and electrification. Logicenters is keen to provide the infrastructure supporting our customers in their transition,” comments Matthias Kettelhoit, Commercial Head of Logicenters.
“Logicenters has an ambition to create sustainable real estate products and contribute to reducing greenhouse gas emissions. The energy agenda in real estate is eminent and using Logicenters’ properties to produce renewable energy is a great way for us to strengthen our response to the threat of climate change,” comments Elisabeth Hermann Frederiksen, Head of Sustainability at NREP/Logicenters.