Logistics developer: Fehmarn could end up strengthening Zealand more than Lolland-Falster

Cheap land and a fixed link to Germany are not enough to draw an international property developer further south.

Femern-forbindelsen er ikke nødvendigvis nok til at trække logistik mod Lolland-Falster.
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Panattoni, one of the world’s largest privately owned developers of industrial and logistics property, has used Ringsted as its entry point into the Danish market.

There, the developer is building Central Hub Ringsted, a warehouse and logistics centre of around 14,000 square metres near the E20 motorway, which is scheduled for completion in the third quarter of 2026.

The company has therefore begun to establish a tangible presence in Zealand, but for the time being it is deliberately steering clear of Lolland-Falster.

- Fehmarn has been delayed until 2032, and that is a very long time horizon to work with. We do not currently see strong demand for logistics properties. Tenants do not simply appear because you buy a site and build something large, says Jacob Widahl, Managing Director of Panattoni in Denmark.

He therefore sees greater opportunities in several parts of South Zealand than in Lolland-Falster. He is also far from certain that the Fehmarn link will create demand for logistics centres on the southern islands.

- The future tunnel is of course interesting, including for us. But it may turn out primarily to make the southern corridor from Copenhagen more attractive, because the link shortens the route between Copenhagen and Hamburg. That is certainly a possibility, he says.

Globally, the group has developed more than 60 million square metres of commercial property for more than 2,500 customers. Panattoni develops warehouse, industrial and logistics properties in cooperation with institutional investors such as pension funds. That means there must be a clear prospect of tenants before capital is committed to construction.

- For companies, it is about being able to serve end users nearby. That is why proximity to Greater Copenhagen is important, and Lolland-Falster does not have that, says Jacob Widahl.

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