Nordanö

Divestment of large core logistics centre in Denmark

  • Price: Undisclosed
  • Area: ~72,400 m²
  • Buyer: Coop (DK)
  • Sole financial adviser to 3C Groups (DK)

Nordanö acted as exclusive financial adviser to 3C Properties, a company wholly owned by 3C Groups, in the divestment of 3C Odense Erhvervspark to Coop. 3C Odense Erhvervspark is a large and modern logistics facility in Odense comprising 72,400 m². The primary part of the facility was constructed in 2008-2010 with additional expansion of the facility in 2012. The facility includes fully automated clad-rack high bay and packaging systems. The tenants include Coop, Roulunds Braking, Desmi Ro-Clean, Roulunds Energy, Raunstrup and 3C Groups.

The price remains undisclosed,  however the  transaction value is well above half a billion Danish Kroner.  The transaction is a landmark in the logistics segment in Denmark and the largest property transaction in Odense since the sale of Rosengårdcentret.

“The investor universe is increasingly focused on logistics opportunities. Nordanö has facilitated a structured sales process, which experienced significant investor interest from Asia, USA and the rest of Europe. We are proud to have acted as exclusive financial adviser to 3C Groups in the divestment of such an attractive logistics asset. The transaction underpins Nordanö’s significant track record within the logistics segment as well as larger and complex transactions. We are humbled and pleased for the trust shown to us by Niels Thorborg and 3C Groups, and for having executed a successful structured sales process, which has created significant value for our client” – Jacob Kjær Partner & Head of Denmark, Nordanö

Facts
• Seller: 3C Groups
• Buyer: Coop
• Price: Undisclosed
• Area: Approx. 72,400 m²
• Tenants: Coop, Roulunds Braking, Desmi Ro-Clean, Roulunds Energy, Raunstrup and 3C Groups

Credentials

Divestment of student housing property in Copenhagen

  • Price: Undisclosed
  • Area: 2,723 m²
  • Buyer: Franklin Templeton (US)
  • Seller: Angelo Gordon (US)
  • Sole financial adviser to Angelo Gordon (US)

Divestment of residential project in Greater Copenhagen

  • Price: Undisclosed
  • Area: 6,209 m²
  • Buyer: Catella Real Estate AG on behalf of the fund Sarasin Sustainable Properties – European Cities (DE)
  • Seller: CASA ApS (DK)
  • Sole financial adviser to CASA ApS (DK)

Divestment of larger office property in Greater Copenhagen

  • Price: DKKm 279
  • Area: 25,767 m²
  • Buyer: Bygningsstyrelsen (DK)
  • Seller: City Property Holding (DK)
  • Sole financial adviser to City Property Holding (DK)

Joint venture between Danica Pension and DSB Ejendomsudvikling for the development of project in Postbyen, Copenhagen

  • Area: 26,800 m²
  • Sole financial adviser to Danica Pension (DK)

Acquisition of an office property in Copenhagen CBD

  • Price: Undisclosed
  • Area: 16,663 m²
  • Buyer: AM Alpha Kapitalverwaltungsgesellschaft mbH (DE)
  • Seller: Aberdeen Standard Investments (UK)
  • Sole financial adviser to the buyer

Divestment of significant residential portfolio in Denmark

  • Price: Approx. DKKbn 2
  • Area: 50,000 m²
  • Buyer: Velliv & Industriens Pension (DK)
  • Seller: NREP (DK)
  • Sole financial adviser to NREP (DK)

Acquisition of an office property in Copenhagen, Denmark

  • Price: Undisclosed
  • Area: 5,400 m²
  • Sole commercial adviser to PATRIZIA (DE)

Acquisition of a large office property development in Copenhagen, Denmark

  • Price: Undisclosed
  • Area: 13,200 m²
  • Seller: ACCURA Advokatpartnerselskab (future tenant)
  • Sole commercial adviser to Velliv (DK) and Industriens Pension (DK)

Joint venture between PFA and By & Havn for the development of Stejlepladsen, Copenhagen

  • Area: 72,000 m²
  • Sole financial adviser to PFA (DK)