Construction of the logistics facility, which will have BREEAM certification, with the aim of achieving the level Excellent, will start in the summer and is expected to be completed in autumn 2023. Genesta will take over Sneden AB after successful final inspection of the building.

“When we acquired the land in Enköping last year, we envisaged various scenarios for its use. The deal we have now landed with Genesta is a very good option, which strengthens our contracting business both this year and in 2023. We are satisfied with the deal, and look forward to running this project with Genesta,” says Benn Karlberg, CEO of Logistic Contractor AB.

“We are very pleased with the acquisition and look forward to continuing our excellent working relationship with Logistic Contractor on this and other deals. We now look forward to offering this modern, sustainable property to successful, growing tenants who want only the best,” says David Neil, CEO of Genesta.

Setterwalls law firm advised Logistic Contractor on the deal. Nordsten Development acted as Genesta’s developing partner during the transaction. Roschier, Svalner were Genesta’s advisers.