Verdion extends Danish pipeline with €69 million urban logistics plans

Verdion has further extended its Danish development pipeline with the off-market acquisition of a value-add opportunity in the Greater Copenhagen area for its second European Logistics Fund (VELF 2).

The investor, developer and asset manager will now create a €69 million modern and flexible urban logistics facility in the city’s submarket of Brøndby. In addition to being within 15 minutes of Central Copenhagen, the site is located 1.4km from the city’s main ring road, providing connections via the E20 motorway to western Denmark and east into Sweden across the Øresund Bridge.

A total of 31,096 sqm will be developed speculatively, completing in mid-2027 and providing up to six units of 4,000 sq m upwards with a strong focus on ESG and targeting the BREEAM Excellent sustainability rating. Its plans will double the quantum of floorspace currently available at the 4.7-ha brownfield site.

Peter Michael Tetzlaff, Head of Investment – Nordics, at Verdion said: “With the recent opening of Copenhagen’s new light rail services, longstanding commercial hubs west of the city are emerging as new residential clusters, home to increasing numbers of new residents. Amid this transformation, our scheme will be one of only a few new facilities retaining its industrial & logistics designation, providing modern space in an undersupplied market, and capitalising on new consumers as well as being within easy reach of the capital. It is an excellent location with enormous potential.”

John Clements, Executive Director and Head of Nordics & UK at Verdion: said: “This acquisition marks a further step forward in our Nordics development plans, complementing major strategic parks such as E20 Park Copenhagen and the newly-announced iPort Zealand multimodal hub in Ringsted. We have a strong pipeline of urban logistics opportunities moving forward, responding to immediate occupier and consumer demand with a value-add approach that leverages our business’s technical expertise.”

• Verdion European Logistics Fund 2 (VELF 2) closed at the end of 2024 having raised more than €300 million of equity. It leverages Verdion’s vertically-integrated team and technical expertise to undertake refurbishment and development in key markets including Germany, the Netherlands, Sweden and Denmark.
• Verdion’s VELF 2 activity in Denmark also includes work on a major new facility for cosmetics distribution brand Sæther near the northern port city of Helsingør which will complete in H1 2026 and a DGNB Gold-certified distribution centre in Horsens within Denmark’s triangle region that is already complete.