Brunswick, Pictet’s firm buys logistics property in Copenhagen

Brunswick, Pictet's firm buys logistics property near Copenhagen

Danish last mile logistics real estate firm Lindu Ejendomme, founded by Pictet Alternative Advisors and Brunswick Real Estate, has bought Kanalholmen 37, a 6,500 sqm logistics property in Avedøre Holme, 3 km south of Copenhagen.

The property is fully let to Haugen-Gruppen, an importer and distributor of food goods throughout the Nordics.

Kanalholmen 37 is located in Avedøre Holme which is one of the largest industrial business region in greater Copenhagen with direct access to E20, the Copenhagen ring-roads, the airport and remaining Öresund region. The property will take part of the Lindu ESG programme to further improve its ESG rating.

Lindu now has built up a portfolio comprising of 13 assets with a total GLA of around 80,000 sqm.

Anthony Romano, Investment Manager at Brunswick, said: “Kanalholmen 37 is an attractive property that is well suited for last mile logistics given its layout and excellent location. I find it complements our existing portfolio of last mile logistics and light industrial properties perfectly. The team and I look forward to working with the tenant and developing the property further, especially with strategic ESG initiatives.”