Stoneweg has acquired a 39,000 square-meter (419,793-square-foot) logistics facilities, near Copenhagen. The transaction has been made on behalf of its €200 million ($233 million) logistics partnership with PenSam, the Danish labor market pension fund, which targets light-industrial and logistics assets across Denmark and Sweden.
Comprising two logistics warehouses constructed in 2007 and 2010, the highly flexible space is suitable for a wide range of tenants. Now 36 percent occupied, Stoneweg will undertake a refurbishment program, enhancing the building quality and improving its environmental, social and governance (ESG) credentials.
The site benefits from a prime location in Køge, which is south of Copenhagen city center and is one of Denmark’s most established logistics hubs, offering immediate access to the E20/E47 motorway, a major arterial route connecting to Sweden and Germany.
Launched last year, Stoneweg’s PenSam mandate is targeting acquisition
