Press Release

Macquarie Asset Management acquires a prime logistics real estate portfolio in Denmark

Copenhagen, 31 January 2022

Macquarie Asset Management, on behalf of its European logistics real estate fund, has reached an agreement to acquire a portfolio of prime logistics facilities in Denmark from Savills Investment Management LLP as it continues its expansion into the European logistics real estate sector.

The portfolio consists of four properties comprising a total of 77,560 m2 of leasable space. Strategically situated in Denmark’s top logistics markets of Copenhagen and the Triangle area, the facilities benefit from excellent transportation links to the country’s major cities, highways and ports. The properties feature fully-automated robotic fulfilment technology and are 100 per cent leased to DSV Denmark, a leading third-party transport and logistics company.

Dana Gibson, Co-Head of Macquarie Asset Management’s Real Estate team in Europe, said “Despite recent pressure on global supply chains, the Danish logistics sector has continued to evolve and excel. Companies such as DSV have effectively met increasing demand for logistics services via their logistics centres in strategic locations across the country. These properties represent an excellent addition to our portfolio, and we are proud to support DSV as they continue to anticipate and meet the needs of their clients with care and efficiency.”

Macquarie Asset Management and its specialist platforms manage a portfolio of €1.14 billion in European logistics real estate, with a portfolio consisting of 68 properties across Denmark, Finland, France, Norway, Poland, Slovakia, Sweden, and the United Kingdom.

Together with its specialist platforms, Macquarie Asset Management has invested €7.4 billion in the logistics real estate sector globally on behalf of investors over the past 10 years. Logistics real estate is a core part of Macquarie Asset Management’s real estate strategy and is expected to grow significantly through the continued evolution of third-party logistics, globalisation, near shoring and e-commerce.

Media contacts

Australia and New Zealand
T: +61 2 8232 2336
Email regional contact

Americas
T: +1 212 231 1310
Email regional contact

Asia
T: +852 3922 4772
Email regional contact

Europe, Middle East and Africa
T: +44 20 3037 4014
Email regional contact

This market commentary has been prepared for general informational purposes by Macquarie Asset Management (MAM), the asset management business of Macquarie Group (Macquarie) and is not a product of the Macquarie Research Department. This market commentary reflects the views of MAM and statements in it may differ from the views of other Macquarie divisions or groups, including Macquarie Research. This market commentary has not been prepared to comply with requirements designed to promote the independence of investment research and is accordingly not subject to any prohibition on dealing ahead of the dissemination of investment research. Nothing in this market commentary shall be construed as a solicitation to buy or sell any security or other product, or to engage in or refrain from engaging in any transaction.