The portfolio comprises a total lettable area of 12,900 sqm. In addition, the Greve asset includes an undeveloped plot of approximately 14,000 sqm, where Slättö intends to develop around 9,000 sqm of new logistics space. The project will be designed as a modern, high-standard facility with strong sustainability performance in energy efficiency and embodied carbon.

The Greve property is situated in the southern part of Greater Copenhagen, within the “south corridor”, which is one of Denmark’s most established and supply-constrained logistics locations. The Odense property is located in a prime logistics area with direct access to the east-west highway network. Both properties are well maintained and currently fully occupied by the tenant.

Greater Copenhagen continues to experience structural scarcity of logistics and light-industrial supply as zoning laws constrain new developments, and legacy industrial areas are rezoned for residential development. This has reduced net supply which, combined with strong tenant demand, results in a 4 percent vacancy rate in Greater Copenhagen. 

“Most of the net operating income stems from the Greve asset, including the development component. It provides exposure to the ongoing trends of reduced industrial land supply in Greater Copenhagen and strong demand for well-located, high-quality logistics assets”, says Anders Østergaard Hansen, Country Head Denmark at Slättö.

“We continue to see value in modern, high-standard logistics close to major urban centres. The combination of tenant demand, supply constraints and the development potential in Greve supports the investment case,” says Lars Axelsson, Partner and Head of Logistics and Light Industrial at Slättö.

The investment forms part of Slättö’s broader strategy to expand its logistics and light-industrial footprint in Denmark, targeting well-located, supply-constrained submarkets with strong tenant fundamentals.

Following this transaction, the logistics and light-industrial portfolio of Slättö’s latest value-add fund, Slättö Value Add III, has reached a property value of SEK 2 billion since its first acquisition in November 2024. In total, Slättö’s funds manage logistics and light-industrial portfolios with a property value of SEK 7 billion.

Accura, Emcon, Bæk Bygherrerådgivning Aps, CK Land and Krydsfelt advised Slättö.