The portfolio benefits from strategic locations mainly southwest and northwest of Copenhagen and all the properties are located within a 25 to 30-minute radius of Copenhagen and enjoy proximity to highways, ring roads and other arterial roads. Additionally, the portfolio comprises both single- and multi-user properties and is currently 93 percent leased to a diversified mix of tenants.

“We have aggregated the Lindu platform in less than three years through carefully targeted acquisitions of both smaller portfolios and individual assets. In the meantime, we have been able to leverage the strength of the market and worked hard to lift the ESG profile of the assets. We are delighted to successfully exit the portfolio to a well-established institutional buyer,” says Linus Nilsson, Head of Nordics at Pictet Alternative Advisors.

“In line with Brunswick’s strategy to identify and develop sustainable investment strategies, Lindu Ejendomme provides a perfect example of asset-by-asset aggregation and active asset management with a focus on ESG. I am very proud of what the team has achieved and we are committed long-term to Denmark, a market that continues to present compelling opportunities,” says Anthony Romano, Country Head Denmark at Brunswick.

 

Colliers, Bruun & Hjejle and PWC Denmark acted as advisors on behalf of the sellers.

 

CBRE, Gorrissen Federspiel, Arcadis, Nova Ambiente and PWC acted as advisors on behalf of Blackstone.