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.
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.