In January, Logicenters expanded its presence in Norway with the acquisition of land, something which is now continuing in the country. The logistics property company has signed a new agreement for the acquisition of the Løvåsmyra 2, 8 and 10 facilities in Heimdal, just outside Trondheim.

This is the first investment Logicenters has made in Trondheim. The property is 18,000 m2 with Maske Gruppen leasing 15,000 m2. Nordic Crane and Ramudden will continue to be tenants of the remaining space.

“Logicenters is delighted with the acquisition of our first property in Trondheim. The region is an interesting logistical location for us, given the area’s central position in the heart of Norway as we look for more locations outside the Oslo region,” says Matthias Kettelhoit, CEO of Logicenters.

In terms of geography, the facility is centrally located along the E6 motorway south of Trondheim city centre and close to several ports.

“This is a modern property located in Trondheim’s best micro location for logistics properties with sound and long-term tenants. Combined with long-term development potential, this makes it an interesting investment for us. The property is an important piece of the puzzle for our continued growth in Norway,” says Jørgen Bråten Nordby, Investment Manager at Logicenters.

Ragde Eiendom is selling the property and Norion Næringsmegling has assisted as a broker in the transaction.