H&M’s former 19,000 m² warehouse and logistics center in Greve is now available for rent

Since 2000, H&M has owned a massive and well-dimensioned warehouse and logistics building at Ventrupparken 7 in Greve, Denmark. Now the time has come for others to benefit from the building. The process is managed by Marcin Żurowski, Logistics Real Estate and Legal Manager for H&M Europe, who says:

“After many years of operating in this warehouse and distribution center, we are pleased that the time has come for someone else to benefit from this modern, well‑maintained facility, located in an excellent area with strong infrastructure. We have entered into a brokerage agreement with EDC International Poul Erik Bech to help find a tenant for the property. For the sake of good order, it should also be mentioned that we are open to a possible sale of the property either now or in the future, once a longer lease has been signed.”

Larger professional users
Helle Nielsen Ziersen, Head of EDC International Poul Erik Bech, says: “We look forward to helping H&M find a tenant for this well-designed and well-sized industrial property, which is located in one of Denmark’s best warehouse, logistics and transport areas. There is quick access to the motorway and efficient distribution to Greater Copenhagen, Zealand and further on to Funen and Jutland, ensuring optimal transport for national and international transport. Copenhagen Airport is half an hour away and the bridge to Sweden is close by and extremely efficient.”

“At the same time, the upcoming Fehmarn Belt connection to Germany will significantly strengthen the infrastructure and reduce transport time between Denmark and northern Germany, which will increase the long-term logistical value. H&M has used the property for storage and distribution for many years, which is a testament to the property’s functionality and capacity for larger, professional users. It is also a modern and flexible property in good condition with low technical and maintenance risk, so there is no doubt that it is an extremely attractive property.”

Strong focus on warehousing and logistics
Astrid A. Juliussen, Associate, EDC International Poul Erik Bech adds: “It is a comprehensive property with a floor area of a total of 19,033 m² and a site area of 40,972 m² with an annual rent including operating costs of just over DKK 15 million. The warehouse area itself is 16,689 m² and the administration and office area is 2,004 m² spread over three floors. The property has a high ceiling height of approx. 9.5 m, solid and modern concrete structures, and large, contiguous storage areas that support efficient goods flow with flexible layout options to accommodate the tenant’s processes and requirements.”

“There are also 12 loading bays with airlocks, which ensure efficient goods handling, and a large outdoor area with good maneuvering and parking conditions for lorries and vans, as well as good driver facilities. Within the current local plan, it is also possible to expand the storage capacity if necessary. The property is available for rent, but as mentioned, it is also possible to purchase the property. All in all, the property offers extremely attractive facilities for warehousing, production, distribution and wholesale operations, so it will be exciting to see who will benefit from H&M’s large warehouse and logistics property in the future.”

Read more at www.edc.dk/183003454