The property is a logistics building of 11 650 sqm, where more than 60 percent of the area is leased to Truck & Trailer Industry AS on a 15-year lease. Negotiations are ongoing on the lease of the remaining area in the building. The property is under construction and is expected to be completed in the fourth quarter of 2019.
"Together with Veidekke Logistikkbygg, we have increased our focus on self-development of logistics sites. This is an exciting project with a solid and good tenant, sold to a long-term and professional property owner. We are pleased that we are already selling the project before completion and thus freeing up capital for new investments," says Thomas Nielsen, Head of Acquisition at Veidekke Eiendom.
Veidekke Sells Logistics Project
Norway — The Norwegian contruction company Veidekke Eiendom AS has entered into an agreement with Pareto Eiendomsfellesskap AS for the sale of a commercial property located in Berghagan Industrial Park in Ski Municipality.