With more than 20 years of experience in the real estate sector, his focus will be on business development and the acquisition of land, whether green- or brownfield.

Jan Van Geet, Founder and CEO of VGP, said:

“We are very pleased to have Mikael Teljstedt join us as our Country Manager for Sweden. After Denmark, Sweden is our second strategic direction of expanding to Scandinavia. We have the utmost confidence in Mikael ́s experience and knowledge of the Swedish market.”

Jonathan Watkins, Chief Operating Officer (COO) Western Europe added:

“We see Sweden offering a logical and attractive growth opportunity for us following our start in Denmark earlier this year as Sweden benefits from a strong infrastructure network at the core of Scandinavian transport axis and at the junction southbound linking to major urban centres in Germany. We believe the coming years will provide interesting opportunities supporting Sweden’s strong and successful manufacturing/industrial engineering sector in their growth plans, which is further supported by a backdrop of a recently announced record new national transport infrastructure plan benefiting investments into more sustainable freight transport and export opportunities.”

Mikael Teljstedt says:

“I’m thrilled to become part of one of the leading pan-European developers and to take on the challenge to expand the business in a dynamic Swedish logistic market. VGP’s entrepreneurial DNA matches me well and I’m convinced that our unique offering and financial strength ensures a successful growth on the Swedish market.”

Prior to joining VGP, Mikael has led the expansion of two major self storage companies in the Nordics; 24Storage, and before that Pelican Self Storage. He also led the expansion of the food retailer Lidl as Head of the Real Estate for the greater Stockholm region during 8 years after the company entered the Swedish market. Mikael has more than 15 years of experience leading fast-growing Real Estate organizations and he has acquired an in-depth knowledge of the Swedish Real Estate Market and the processes of acquisition, development and facility management.