Pictet Alternative Advisors and Brunswick Real Estate’s newly launched Danish logistics real estate investment company has acquired a 6,500sqm property in Avedøre Holme.

Lindu Ejendomme has invested an undisclosed amoun to buy Kanalholmen 37, a fully-let property situated 3km south of Copenhagen. The property is leased to Haugen-Gruppen, an importer and distributor of food goods throughout the Nordics.

In October last year, Pictet and Brunswick announced the setting up of Lindu and seeded the new company with 10 properties.

At the time, the companies said Lindu expected to grow its 58,000sqm seed portfolio of 10 assets via add-on acquisitions as well as strategic platform additions as it targets last-mile logistic and light industrial investment opportunities in Greater Copenhagen and Jutland.

Following the Kanalholmen 37 deal, Lindu said it now has an 80,000sqm portfolio of 13 assets.

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.”

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