Blackbrook completed the acquisition of logistics facility of Danske Fragtmænd.

Blackbrook, a European independent real estate investment firm, completed the acquisition of logistics facility of Danske Fragtmænd, a provider of logistics services. Financial terms were not disclosed. “The fundamentals for this asset were compelling; a rare opportunity to secure a large logistics site in a prime Copenhagen location and in line with replacement cost. We expect that increased demand for this type of real estate will ensure asset value preservation for the long-term. This acquisition is perfectly aligned with our core strategy of investing in high-quality industrial net lease real estate across Europe," Arvi A. I. Luoma, Blackbrook Co-Founder & CEO.