Danish Crown’s 70,000 m² facility in Ringsted is to be sold through a competitive tender process
Since the last pig was slaughtered last summer, Danish Crown has spent approximately six months dismantling large amounts of equipment, which has either been sold or relocated to other facilities within the group. This work is now largely complete, and the sales process can therefore begin.
“There has been significant interest in our buildings and the large undeveloped land, which is why, after careful consideration, we have chosen EDC Poul Erik Bech to represent our interests. Although many are already interested, we know from experience that it takes substantial resources to finalize a deal of this scale and type. It is a task that we simply do not have the resources to handle internally,” says Ejner Søby, responsible for property sales at Danish Crown.
Many potential uses
Helle Nielsen Ziersen, EDC International Poul Erik Bech, says: “We are pleased to have been entrusted with the task of selling Danish Crown’s buildings in Ringsted. It is an enormous site in a well-located and attractive business area in the southern part of Ringsted, with relatively good infrastructure and still relatively close to Copenhagen. This is a historic industrial and manufacturing property that has been an important workplace in the area, and we look forward to assisting Danish Crown in finding a buyer who can create new history in Ringsted.”
“It is rare for properties of this size, location, and potential to come onto the market, so it will be exciting to see the outcome. We expect strong interest from institutional investors both in Denmark and abroad, including real estate investors, property funds, pension funds, and potential end-users. There are numerous possibilities for development, both in terms of new construction on the large site and the use of the existing buildings, which have been consistently maintained and upgraded. We are also in good discussions with Ringsted Municipality about various scenarios for the local plan and the desire to develop the area and create new jobs.”
The total site area is 798,318 m², with a production facility consisting of 19 buildings and a built-up area of 69,709 m². This is spread across 3 cadasters, of which 2 are undeveloped, comprising approximately half of the total area. The property also includes an office building with a floor area of nearly 4,000 m², as well as several large parking areas. Additionally, there is a private airfield, as a smaller part of the land is leased to a light aircraft flying club, including a hangar, runway, and an adjacent emergency helicopter facility under the National Emergency Medical Helicopter.
Attractive business areas in Ringsted
Thomas Hansen, partner at EDC Erhverv Poul Erik Bech Vestsjælland, says: “In recent years, Ringsted has rapidly established attractive business areas, where large Danish and international companies have set up operations – including several major warehousing and logistics players such as GLS, DSV, Esbjerg Gods Sjælland, among others, as well as a cluster of machinery trading companies. The area has a strategically important location and stable growth, which continues to make investments in West aednd Mid Zealand attractive.”
“Most recently, Business Park Ringsted has been established along the motorway, hosting several large companies. The abattoir is just 4 km from the E20 motorway, which connects to Copenhagen, Roskilde, and Funen/Jutland, and the upcoming Fehmarn Belt link, places Ringsted centrally within a north-south transport corridor. This will be attractive to many investors and companies, and we look forward to starting the work.”
EDC Erhverv Poul Erik Bech is currently selling two other large industrial properties: the former headquarters of Kopenhagen Fur in Glostrup is for sale for DKK 630 million and CO-RO, known for soft drinks and Sun Lolly ice, is selling a logistics, warehouse, and production property in Frederikssund for DKK 125 million.