Pictet and Brunswick acquire last-mile logistic portfolio in Copenhagen (DK)

Pictet and Brunswick acquire last-mile logistic portfolio in Copenhagen (DK)

Pictet Alternative Advisors (PAA), an independent unit within the Pictet Group, and Brunswick Real Estate (Brunswick) relaunch Lindu with the acquisition of a 75,000m2 last mile logistic portfolio. The portfolio consists of eight strategically located properties in key micro locations within Greater Copenhagen.

 

The portfolio offers prime access to Copenhagen airport, main highways and ring roads, making the properties ideal for logistics and warehousing. Furthermore, the portfolio provides significant potential for improved ESG credentials.

 

Linus Nilsson, Head of Nordics at Pictet Alternative Advisors, said: “We have a strong belief that the Copenhagen last mile logistics market, underpinned by a robust Danish economy and strong tenant demand, will continue to perform well. Thus, we have decided to relaunch Lindu, our Copenhagen LML platform, together with Brunswick. Building on our proven track record and the experience we have assembled over the last few years, our ambition is to create a high-quality portfolio in sought-after locations, seeded by this significant initial transaction.”

 

Anthony Romano, Partner and Country Head of Denmark at Brunswick, said: “I am very pleased with the solid partnership we have built with PAA. The team and I are confident that this relaunch will capitalize on the strong demand for strategically located logistics assets with development potential, enabling us to continue delivering value to our tenants and capital partner. We look forward to growing this portfolio over the coming years.

 

Image source - Pexels.

 

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