Nyhed

Lundgrens assists the global real estate investment manager AEW with acquisition of airside logistics asset at Copenhagen airport

Real Estate & Construction
At Lundgrens, we are proud to have assisted AEW, the global real estate investment manager, in their acquisition of Copenhagen Cargo Centre. The asset was acquired from Palm Capital on behalf of a separate account mandate backed by a German pension fund.

Having launched its first logistics fund in 1999, AEW is a leading investor in the logistics sector, with 16,2% of its €72.8 billion under management invested in the sector globally.

Lars-Henning Pylla, Fund Manager at AEW, commented in a press release: “Copenhagen Cargo Centre is a strategically located logistics asset, enabling occupiers to cater to major cities crossing both Sweden and Denmark. Situated airside at Copenhagen Airport, the asset provides rare direct access to the cargo area, as well as excellent multi-modal connections. With a strong line-up of occupiers, this acquisition generates sustainable income, which aligns with our client’s investment objectives, as well as offering an opportunity to add further value through development, which is already attracting occupier interest.”

Lundgrens would like to say thanks to Nikolas Koulouras and Angus Farquharson from AEW and the other advisers who helped with the acquisition, KHR Architecture A/S, Deloitte A/S and Luther Lawfirm. Furthermore, thanks for the excellent collaboration with Palm Capital's legal advisers, Luise Christensen and Jakob Schou Midtgaard from Accura. Finally, many thanks to CBRE, who has mediated the deal.

Lundgrens’ core transaction team consisted of Ida Simone Sarborg-Pedersen, Nikolaj Mølgaard Blicher Jepsen, Martin Aagren Nielsen, Ann Frølund Winther and Thomas Stampe.