The divestment was made in cooperation with CBRE that has been working a long time on finding an attractive buyer, and here the increased interest among foreign investors in Danish properties has paid off.
 
“There is a strong growth in the international market for logistic properties and we are obviously happy to have Standard Life Investment for this investment opportunity that they, like us, have found very interesting. Danske Fragtmænd is a very established company in Denmark with more than 40,000 corporates, and we see great potential in the future cooperations” says Jesper Damborg at Capital Investment, the buyer’s adviser.
 
The CEO of the seller Fragtmænd Holding, Kjeld A. Frederiksen is also very happy with the divestment of the property portfolio.
 
“Danska Carriers is a transportation company and not a real estate company. We want to focus our core business and through this divestment we free up funds and gain a financial flexibility. That is why we with great satisfaction have reached an agreement with Standard Life Investment.