With buildable land as a scarce commodity in the Öresund region, the geographical location can hardly be better; half an hour from Copenhagen and with direct access to the E6 and the market to the north.

The window of opportunity opened when AkzoNobel decided to sell unused land adjacent to its paint factory in Sunnanå. Following a bidding process with several stakeholders, Castellum was offered the opportunity to acquire the attractive site, which is planned in detail for warehousing and industrial purposes. The deal implicates continued strategic portfolio relocation by investing in new development in warehousing and logistics, a priority sector for Castellum.

"We hit the spot on market demand: perfect location, modern buildings with efficient construction. Here we can develop both volume warehouses and terminals according to the tenants' needs. We expect great interest from prospective tenants and have already several interesting dialogues underway," says Ola Orsmark, CEO of Castellum Region Öresund.