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.
With high ambitions for the coming years, Logicenters has strengthened its position in the Nordic region with two important new recruits. In Sweden, Carl Johan Enegren has joined as a Business Analyst and in Denmark, Mads Fjeldhoff has strengthened the team as a Transaction Associate.
Logicenters is a leading provider of modern logistics properties in the Nordics with a presence in Sweden, Denmark, Norway and Finland. Investments continue to be made in the organisation, with the company strengthening its position by welcoming two new recruits, one in Sweden and one in Denmark.
Carl Johan Enegren has been recruited as Business Analyst at Logicenters’ Swedish office. He has a background in real estate and has previously worked as a property valuer at JLL. With expertise in analysis and strategy, Carl Johan will now work on preparing for future investments, business plans and developing marketing materials. He will support the entire business process from initial customer dialogue and market analysis to closed investment. In parallel with this, he will also work with business development and Logicenters’ proactive work to stay one of the leading providers of modern logistics facilities in the Nordic region.
Mads Fjeldhoff has been appointed Transaction Associate at Logicenters in Denmark. He will develop business opportunities and be involved in acquisition and lease negotiations. Mads has experience in the industry and has previously worked in market analysis and property valuation at Sadolin & Albæk (now Colliers). From there, he moved to the investment team at ATP Real Estates. While there, he was involved in a number of major transactions, including the acquisition of half of Danica’s shopping centre portfolio.
“I am incredibly proud to welcome Carl Johan and Mads to Logicenters. We need their expertise in order to fulfil our ambition of always remaining ahead of our competition, working proactively with tenants and developing Logicenters’ platform. These two recruits have already become two important assets in our team and they will definitely contribute new perspectives,” says Matthias Kettelhoit, Commercial Head at Logicenters.
FREJA Transport & Logistics A/S has operated from the facility in Høje-Taastrup since 2004. A new lease has now been signed between Logicenters and FREJA to extend this cooperation for a further 15 years. Additionally, the property is currently awaiting new upgrades.
The lease has now been extended between property owner Logicenters and tenant FREJA. Since 2004, the transport and logistics company has operated from the property in Høje-Taastrup in Denmark. The new agreement means that FREJA will stay until 2033, an extension of 15 years. In addition, a part of the 15,929 m2 facility will be upgraded to handle pharmaceutical products, including fitted with a new heating and cooling system.
The facility is located at Litauen Allé 6 in Høje-Taastrups TransportCenter, 15 km from Copenhagen. FREJA Transport & Logistics A/S supplies and stores goods, such as pharmaceuticals, to customers who place high demands on transport as well as warehouse logistics. Furthermore, the facility it is one of FREJA’s international cross dock locations in Denmark.
“FREJA is a key customer for Logicenters, which makes us extremely proud to extend our cooperation. We strive to be a strategic partner to our tenants and understand the importance of offering flexible facilities with modern specifications. Hence, the scheduled upgrade of the property FREJA uses,” says Mikael Sahlin Olesen, Asset Manager at Logicenters.
“We’ve always been very happy and proud of this location, and since approximately 6,000 m2 logistics warehouse needs upgrading to handle pharmaceutical products, it makes sense to conclude this agreement with Logicenters. An owner we always have had a good and developing cooperation with, and in this 15 year agreement we have built in an exit clause that gives us the degrees of freedom we as a Group Concern in growth always seek and wants to cover,” says Ulrik Rasmussen, FREJA Denmark’s CEO.
Logicenters has now completed the extension and renovation of a 12,500 m2 logistics facility in Vallensbæk. A lease agreement has also been signed with Imerco A/S, which is now able to begin operating from the property.
In just six months, Logicenters has completed the development of a logistics facility in Denmark which is now ready for handover. The lease agreement, drawn up in March 2018, runs in collaboration with Denmark’s largest retail chain for household products, Imerco A/S.
In 2015, Logicenters acquired the 12,000 m2 property which has now been transformed into a 12,500 m2 modern logistics facility by converting large office area and low ceiling warehouse into modern high ceiling warehouse. In addition to the development the upgrade has included renovation in the form of installation of docking doors and upgrading of the property’s previous general appearance.
– We are incredibly pleased with the result of the refurbishment. The new property has several new functions which characterise a more modern logistics facility. This reflects Logicenters’ great expertise in this type of property development. We are always building and developing real estate with a focus on the future and the customer, says Mikael Sahlin Olesen, Asset Manager at Logicenters.
The logistics facility is located Park Allé 381, Vallensbæk, Denmark, a strategic location just 15 km from central Copenhagen.
Byens Ejendom (DK)
Dagens Infrastruktur (SV)
Logicenters develops new distribution center in Ishøj
– 8,900 sqm modern warehouse available April 2019
Logicenters will be developing a new facility at Vejleåvej 11, Ishøj just outside of Copenhagen. A contract has been signed with Havi Logistics which will be leasing 4 500 sqm. Logicenters is looking for tenants for the remaining 8 900 sqm which is currently vacant. The development is scheduled to be finished by April 15, 2019.
The new facility that Logicenters will be developing is located outside of Copenhagen at Vejleåvej 11, Ishøj. It is scheduled to be completed April 15, 2019. The total size of the planned facility will be 13 400 sqm. Havi Logistics has signed a lease for 4 500 sqm of the facility which includes freeze, cooled and traditional warehouse. The remaining 8 900 sqm are currently vacant and Logicenters are positive about finding future tenants.
– We´re happy to be developing a new facility in a strategic location like Ishøj. Havi Logistics will find their logistics needs suited in the new facility with modern specifications and we are happy that we can offer another 8 900 sqm of modern warehouse to other tenants, says Mikael Olesen, Asset Manager at Logicenters.
– It has been a strategic decision for Havi Logistics to establish a new distribution center close to Copenhagen, and during the process Logicenters has made an effort to understand our needs to ensure that the new building will meet our requirements, says Jørgen Juul Bertelsen, Regional Director of Havi Logistics.
– Logicenters has been an important partner in the development of the new transport and logistics area Winthersminde in Ishøj. This new development will create further job opportunities and attract new business. These modern logistics facilities are a contribution to the municipality and we’re looking forward to continuing to work with Logicenters, says Ole Bjørstorp, Mayor of Ishøj municipality.