Hines to deliver new state-of-the-art logistics facility in Kolding, Denmark
In response to continued global demand from occupiers for prime logistics space in the Nordics, Hines, a global real estate investment, development, and property manager, is developing a 130,000 square metres state-of-the-art logistics and industrial park in Kolding, Denmark.
Hines manages nearly €941 billion in high-performing real estate assets operating in 30 countries, with over 65 years of experience. From offices in Copenhagen, Hines Nordics advise on the investment, development, and management of real estate assets in Scandinavia. In 2021-2022, Hines completed €797 million of logistics transactions in Europe showcasing its scale and industry expertise.
Hub 65 – a logistics facility gateway to Europe
Hub 65, a newly emerging logistics facility being developed by Hines Nordics, is located in the ‘Triangle Region’ in Kolding, Denmark. Kolding is a strategic location in Denmark and serves as a gateway between Germany and the Nordic markets, and Hub 65 is therefore ideally situated with direct access to European highways E45 and E20, and first class connectivity to cities, ports, and other European countries.
“Hub 65 is located in the logistical intersection of Denmark offering a strategic location in the Nordics to third party logistics providers, last mile logistics providers, light production, import/export companies as well as food and industry players. Hub 65 provides easy access to Germany, Norway, and Sweden as well as all main intermodal distribution networks – air cargo, trucking, rail cargo and main ports – within a 30-minute reach.”
The Hub 65 facility is designed with quality, adaptability, and expansion in mind. It offers a combination of a prime location, flexibility to accommodate occupiers’ specific needs including room to expand which is designed into the supportive masterplan with shared amenities from a world class developer with over 65 years’ experience in industrial and logistics real estate solutions.
Ready for occupation in 2024
Hub 65’s first phase is expected to offer prime logistics space spanning 3,000 to 45,000 square metres and should be ready for occupation in 2024. The logistic facilities will be supported with modern and well-designed office space integrated into the building or for large tenants and a separate office building. The full project is expected to be developed in three phases with a target completion in 2028. Hub 65’s core audience is international tenants primarily focused on a quality location, sustainability and flexibility.
Why Denmark is a perfect match
“We’re looking forward to developing what we believe will be the leading and best-located logistics parks in Denmark. Our intention is to service the needs of occupiers by delivering state-of-the-art, flexible logistics space. At the junction of the E20 and E45 highways, Kolding is a perfect location for large scale operator-led logistics development. We are encouraged by the Kolding municipality and our partnership with Invest in Denmark, both of whom continue to support us greatly as we progress this opportunity.”
Support from Invest in Denmark
Invest in Denmark advisors have provided background information to support the decision-making process and due diligence such as market strategy analysis and local market intelligence. In addition, Invest in Denmark has provided guidance and advisory on the project to support Hines Nordics and also provided information on Danish framework conditions such as labour market regulations, hiring and firing, tax and national/regional benchmarking analysis.
“Denmark embraces modern, sustainable and flexible logistics and industry parks, and we are therefore happy to see an experienced player such as Hines and Hines Nordics develop a facility in the region and offer future tenants in Denmark a state of the art logistics hub”
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