Zalando successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in Brunna, situated in the county of Stockholm. To meet the demand of the Nordic customers, and to further penetrate the market, investing in convenience is crucial. The first parcels are set to leave the fulfillment center later this year.
NREP Nordic Strategies Fund I has acquired a large plot of land at Enghave Brygge in the South Harbor of Copenhagen from the Swedish developer JM. The purchase price is MDKK 230 (€31M).
Nordic Real Estate Partners (NREP) has purchased six logistics properties totaling 223,500 sqm. In addition to this, 53,60 sqm are under development and due for completion on a pre-let basis during Q1 2016. All the assets are located in key logistics hubs in Sweden, Denmark and Finland.