Savills IM sells logistics portfolio in Denmark on behalf of German club deal special fund

Savills Investment Management has sold a logistics portfolio consisting of four assets in Kolding and Greve, near Copenhagen, on behalf of its Nordic Logistics Fund. Macquarie Asset Management acquired the portfolio on behalf of its European logistics real estate fund. The purchase price was not disclosed.

The assets have a total lettable area of 77,500 square meters (834,200 square feet) and benefit from excellent access to the main motorways E20 from Copenhagen via Odense to Esbjerg and the E45 from Flensburg on the German border to Aalborg and Frederikshavn. All four assets are fully let to the Danish 3PL operator DSV Prime Cargo.

The Savills IM Nordic Logistics Fund is a club deal on behalf of German institutional investors, launched in 2014 as a German real estate special fund. At launch, the fund acquired a logistics portfolio that comprised 11 assets in Sweden, Denmark, Finland and Norway. Since then, a further asset in Sweden was acquired and two assets were so