Conficap Sells Logistics Center in Örebro
Nordic Conficap Oy sells its logistics center in Örebro, Sweden to a professional investor club.
The property is located in a well-connected location in Örebro at the Pilängen industrial area, Bistagatan 22. The logistics center consists of the main building, office spaces and a storage area. The property is currently leased out to Onninen.
The logistics center has been built and renovated in stages between 2000 and 2010. The building’s adjustable floor plan allows versatile business operations to take place in the logistics center. The plot area is 170 185 sqm, and the building area measures 19 182 sqm.
During the past year, Conficap has invested strongly in its real estate business and has acquired office properties i.e. on Vuorikatu in Helsinki city center, and in Pitäjänmäki district. The company now focuses on office and logistics properties in Finnish growth centers in the capital region, Turku, and Tampere.
“In accordance with our strategy, we continue to operate outside Finland, but the focus will shift from direct investments into co-investments and real estate funds. The sale of the logistics property in Örebro is in accordance with this focus, and we are pleased to have a new professional owner for the property. We will continue to operate actively in the market and strengthen our existing real estate investment portfolio in accordance with our strategy. As a family business, Conficap’s goal is to create sustainable and long-term value. Real estate business is a significant part of this process,” says Atte Köykkä, Real Estate Director at Conficap.