Project Proximity

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PROJECT PROXIMITY | ASSET BOOK

Introducing PROJECT PROXIMITY Opportunity to acquire large-scale light industrial/ warehouse platform in proximity of Copenhagen.

14 assets 83,864 sq m GLA

Colliers International Investment Services A/S (Colliers) is pleased to introduce Project Proximity, a portfolio of 14 light industrial/warehouse properties in strategic locations around Copenhagen with motorway and/or arterial road proximity (the Portfolio or the Properties). Project Proximity represents an excellent opportu nity to gain significant exposure to a highly attractive segment of the Danish property market that has seen explosive growth in recent years. Comprising a total GLA of approximately 83,900 sq m, the Portfolio offers substantial diversification in terms of tenants and uses, which apart from light industrial/ production and warehouse include a smaller propor tion of office, showroom, etc. Except for a few single tenant assets, most of the 14 Properties are multi user facilities, bringing the current total number of tenants in the Portfolio to more than 65. The Portfolio has only few vacancies due to recent years’ surge in demand, which ties in with the stronger call for mainly last mile warehouse space near major cities

on the back of continued e-commerce growth and the need for buffer stocks prompted by the supply chain disruptions accelerating during the coronavirus pandemic. In addition, large-scale residential conver sion schemes around Copenhagen have made light industrial space a scarce commodity. Situated in stra tegic Greater Copenhagen locations with motorway/ arterial road proximity, the Portfolio offers excellent conditions for warehouse operations given the flexible building designs. Colliers has been retained as exclusive sell-side advisor by Pictet Real Estate Capital – (HoldCo) Elevation Fund I, S.à.r.l. and B Copus AB 1 (collectively the Seller) on the proposed sale of the Portfolio (the Transaction). The sale is to take place as a share deal, please also refer to p. 44 Transaction structure. In order to assist prospective investors in making their own assessment of the Transaction, Colliers has prepared this Asset Book along with a financial data package (FDP).

DKKm 50.3 est. NOI

1 Brunswick Real Estate.

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