Hines, a global real estate investment, development, and property manager, together with an institutional investment partner, has acquired 502,800 square metres of land to develop a three-phase best in class logistics facilities park, Hub 65, located in Kolding, Denmark.
In response to continued global demand from occupiers for prime logistics space in the Nordics, the partnership will fund the development of state-of-the-art warehousing in Kolding currently expected to comprise three phases with flexibility to accommodate customer demand. Each stage will be developed to a high specification, targeting a globally recognised ESG certification. The project aims to deliver 129,600 square metres of modern logistics space, providing flexibility for individual tenant requirements.
Source: Hines.com on the 26th of January 2023
https://www.hines.com/