Verdion will speculatively develop a 21,000 sq m Grade A warehouse with high levels of sustainability and flexibility ready for occupation in Q3 2023.

The 4.1-ha site is located next to the E4 motorway which provides access to Stockholm, Malmӧ and Gothenburg, and is a 20-minute drive from Jönköping Airport, one of Sweden’s most strategically important freight hubs. Local occupiers include DHL, Schenker, Elgiganten, IKEA, Husqvarna, Bildelar, UPS, Unilever, PostNord, DSV, Bring and ArlaFood.

John Clements, Executive Director at Verdion, said:

“This is a particularly attractive opportunity as we increase our Nordics portfolio. Jönköping stands out for its ability to offer same-day deliveries to all the largest Nordics cities and an increasing attractiveness for occupiers set is low vacancy rates. It is one of a number of investment opportunities we are pursuing in locations across Sweden and its advantages were immediately clear.”

Linklaters advised Verdion. Born Advokater KB and New Property advised the sellers.