The partnership aims to develop modern and attractive logistics and warehouse facilities over the coming years. OAC and Nrep are already in dialogue with several potential tenants for upcoming development projects.

Gardermoen has established itself as Norway’s most attractive logistics and distribution hub, with close proximity to Oslo Airport and major highways such as the E6 and E16. The Logistics Park is centrally located in Gardermoen Business Park, one of the largest development areas in Norway.

Currently, Gardermoen Business Park houses nearly 280,000 sqm of logistics, warehouse, and retail facilities, with an additional 100,000 sqm under development. Key tenants in the area include COOP, Porsche, Mowi, Felleskjøpet, OneMed, GF Logistikk, Møller, Grieg Seafood, Volvo, and Sport 1.

“The Logistics Park is one of the few remaining large scale development areas for logistics, warehousing, and retail in the Greater Oslo region. The area’s unique infrastructure attracts a wide range of tenants, whether they need large, efficient logistics buildings or smaller spaces. We are very pleased to announce Nrep/Logicenters as our partner for the further development of OAC’s substantial northern area. Nrep Logicenters is one of Northern Europe’s top developers in this sector, which has become a major and vital segment within commercial real estate. Leading and most accomplished developers of these types of properties, which have become a significant and vital segment within commercial real estate,” says Henrik Danielsen, CEO of OAC.

“Gardermoen has long been an area of great interest to both us and potential tenants, and we are very excited to finally announce a partnership with OAC. They possess one of the most attractive and significant logistics land banks north of Oslo. We look forward to a collaboration where we complement each other well, and to offering tenants an exciting range of logistics and warehouse properties at Gardermoen, all with a strong sustainability profile,” says Jens Petter Hagen, Country Manager for Nrep in Norway and Fund Manager for NSF V.

Colliers acted as the financial advisor, and Thommessen as legal advisor for OAC in establishing the partnership. Schjødt represented NREP/Logicenters during the process.