Verdion

Verdion is extending its development pipeline in Sweden’s logistics capital with the acquisition of a further brownfield site in Gothenburg.   18,130 sq m of high-quality warehousing will be developed speculatively ready for occupation Q4 2025, with high levels of sustainability and flexibility throughout and BREEAM Excellent targeted.   “This is an ideal prospect for new urban logistics serving Gothenburg’s consumer markets,” said Fredrik Salman, Investment Manager – Nordics, at Verdion. “We know the area well: transport connections are outstanding and occupier demand outstrips current supply.   “Through redevelopment we will be adding considerable value to this asset, creating a high-quality sustainable building designed and specified for the needs of modern urban logistics businesses.   “Our investment and development pipeline in Sweden continues to grow and we intend to continue expanding our portfolio across the country.” https://lnkd.in/eCVi8mFA

Verdion has secured a further site for its growing programme of logistics development in Sweden.    Located within the Fosie industrial area of southeastern #Malmö, this new acquisition offers an infill development opportunity on a 50,000 sq m site close to the E6/E65 interchange. We will speculatively develop 28,000 sqm of high-quality urban logistics warehousing, with completion anticipated for Q2/3 2026. The new facilities will include warehousing, office, welfare and mezzanine areas, with high levels of sustainability throughout and the #BREEAM Excellent certification targeted. “Securing brownfield assets for urban logistics is a key part of our growth strategy in the Nordics, and this was an attractive opportunity close to Malmö’s consumers and transport network," said Fredrik Salman, Investment Manager at Verdion. "The #Öresund Region is the largest consumer market in the Nordics and given the established location and current levels of demand, we expect good interest ahead of completion.” Read more here: https://lnkd.in/eayPeNPk

Please welcome Dominik Schäffer, who joins Verdion as Group Head of Asset Management to support our ongoing portfolio growth.   Schäffer will drive Verdion’s group-wide asset management strategy and lead its team of asset managers across Germany, the Nordics and the UK. He will work closely with our investment, development and technical specialists as part of the business’s vertically integrated approach.   “Effective asset management underpins everything we do," said Michael Hughes, CEO. "Verdion has a proactive team on the ground, strong working relationships with occupiers and a track record of adding value through asset-level initiatives.   “With new acquisitions and the implementation of business plans across the existing portfolio, asset management activity is set to increase. Dominik will provide additional insight, expertise and governance as we continue to grow.” https://lnkd.in/gBDSYVm2

The UK is playing an increasing part in Verdion’s pan-European growth – focussing on urban logistics opportunities located in and around our largest cities. Mark Garrity and Jamie Young will be at UKREiiF this year. Please get in touch with them direct to meet up or talk further. 

Verdion has let more than 12,100 sq m of logistics space in Roosendaal, completing the value-add strategy for this south Netherlands asset on behalf of Verdion European Logistics Fund 1 (VELF 1).   DP World Chemical Logistics Benelux has expanded its presence and now occupies hazardous goods storage space totalling 26,447 sq m following the departure of Raben Netherlands B.V. It already occupies 14,340 sq m in the same building at Tussenriemer 7 on the Borchwerf I Industrial Park.   Valerie Setz, Senior Asset Manager at Verdion, says: "This asset in Roosendaal is a prime example of how we are implementing our value-add strategy for VELF 1. As well as developing new space to high standards of sustainability, our asset management and technical teams worked closely together to optimise the possible uses of the existing property. All space is now fully let on a long-term basis, achieving a significant increase in value for the fund." https://lnkd.in/eSWmjMFZ

Introducing Verdion's new Head of Leasing for Sweden, Anders Johansson. Based at our Stockholm offices, he now leads our leasing activity in the country, developing and extending strategic relationships within the occupier market and identifying new opportunities. “Anders has extensive experience and great contacts across the Swedish logistics industry," said John Clements, Executive Director at Verdion. "With our pipeline expanding, and continued appetite for opportunities across the Nordics, leasing specialists are a key part of Verdion’s growth strategy and we are pleased to welcome him to the team.” https://lnkd.in/ecEQzuii

“New generations have different priorities and attitudes, which impact wider market trends and investment decisions as well as consumer behaviour. Including more voices, outlooks and ideas will make our sector even stronger.” Verdion Asset Manager Annika Schmelzer speaks in React News today as part of Marie-Noelle Sbresny and Julie Cruz's piece on young women helping shape the future of real estate.   #IWD2024 #InspireInclusion.

Former Verdion Chief Investment Officer and Mileway Germany Country Manager, Georg Starck, has taken a new role with Verdion: Executive Consultant – Acquisitions Germany. He will focus on serving Verdion’s value-add and development investment strategies, particularly in stronger urban and edge of urban locations, advising and working closely with its in-house team of investment and technical specialists. “Georg returns to the business at an exciting time,” said Michael Hughes, CEO of Verdion. “From a strengthened platform, he will concentrate on securing select, new opportunities for differentiated assets on brownfield sites close to population centres across Germany. We also expect him to be involved in other new initiatives across the country. Above all, he is a very welcome addition as our team grows and we are delighted to be working with him again.”   More here: https://lnkd.in/eSk5u6BW

Great progress at iPort, Doncaster, where luxury homeware retailer Dusk has taken iP2f, a total of 174,381 sq ft including a 169,317 sq ft warehouse plus offices and welfare space, for immediate occupation. Its new facility is located next to the original 119,060 sq ft asset taken in April 2021.    “Dusk’s decision to increase its space at iPort is great news,” said Jamie Young, Development Surveyor at Verdion. “Creating a logistics hub where occupiers can easily expand as their businesses grow has been part of our vision from the start and our asset and facilities management teams work closely with tenants to understand their requirements. This is the fourth company based here that has taken further space. At the same time, we remain focussed on bringing new names to Doncaster, with immediate opportunities and build to suit capacity.” https://lnkd.in/e-CJSvcg

Verdion has completed construction of a new logistics asset in the Swedish market hotspot of Jönköping. The 20,506 sq m BREEAM Very Good warehouse is located in the up-and-coming Södra Stigamo submarket with direct access to the E4 motorway, putting Stockholm, Malmӧ and Gothenburg within easy reach. “#Jönköping is a very strategic and well-established logistics location, with multimodal connections putting all the major cities in the Nordics with a 24-hour reach, said Fredrik Salman, Investment Manager at Verdion. “Emerging submarkets such as #SödraStigamo are experiencing impressive demand and as occupier confidence continues to improve we are seeing growing appetite for this space and the supply chain opportunities it offers.”     https://lnkd.in/evhNjSYC