The acquisition is a strategic move that will strengthen Logicor’s presence in a key European market where demand for modern logistics space continues to outstrip supply.
The site has the potential to develop ~9k sqm of logistics space, split over two equal sized units.
The high quality, energy efficient developments will target BREEAM Excellent or equivalent with solar panels and LED lighting and green space designed to support the local biodiversity of the site.
Located less than 30km from the centre of Stockholm, the site has direct access to the E4 motorway connecting Stockholm to Arlanda Airport, Northern Sweden, and the major cities to the south: Gothenburg, Jönköping, Malmö and Helsingborg.
Christoffer Walljaeger, Logicor Director, Asset Management in Sweden, said:
“Through this strategic acquisition, we are continuing to build our presence in the region where we know supply of quality logistics space is low, and where our customers want to be.
“This transaction confirms our commitment to developing and bringing to market modern and sustainable assets that will become a fundamental part of the supply chain and our customers success.”
This land adds to the 1.7m sqm portfolio within Logicor’s Nordic region.