Real estate investment firm Arbireo Capital has purchased a 45,000 m2 logistics facility southwest of Copenhagen for its Arbireo Special AIF: European Consumer Logistics fund.
The deal marks Arbireo's entry into the Danish and Scandinavian real estate markets, further expanding its European presence.
The property, built in late 2023, is fully leased to logistics company DSV through a sale-and-lease-back agreement with a minimum 10-year commitment.
The building boasts a DGNB gold certification for its environmental features, including a green roof with solar panels, energy-saving LED lights, and charging stations for electric vehicles.
Christoph Flügel, Arbireo Capital’s management board member, said: ‘The purchase offers our institutional investors cash flow immediately with a creditworthy tenant at index-linked conditions. At the same time there is further potential for value appreciation – not just as a consequence of the local shortage of logistics space, but also with a view to the completion of the Fehmarn Belt tunnel, which is likely to once again provide additional growth impetus for the logistics region.’
Dr. Martin Leinemann, Arbireo Capital’s management board member, added: ‘Naturally the logistics region Copenhagen is benefitting from the global trend towards reshoring. Accordingly, warehouse and distribution areas are urgently being sought throughout Europe and in particular in the area of consumer goods logistics, a segment in which we specialise with our fund. In this respect the micro-situation at the heart of a modern logistics park with its international tenant clientele ensures the possibility of alternative third-party usage of the areas.’
Situated in the new Business Park Ringsted development on Zealand island, the property is about an hour's drive southwest of Copenhagen's city centre and a half-hour from DSV's headquarters. The location offers excellent access to major highways: the E20 towards Flensburg and Malmö, and the E47/55 towards Fehmarn.
With a target volume of €250-300 mln, the Arbireo Special AIF: European Consumer Logistics fund is designed for German institutional investors and focuses on acquiring modern logistics facilities across Europe that cater to the consumer goods industry.