Logicenters acquires site for development of warehouse

Finland Finland — Logicenters has acquired a new site of 58 000 sqm in Tampere. A state-of-the-art vacant property of 29 000 sqm is expected to be ready in the fourth quarter of 2024.

Matthias Kettelhoit on logistics properties: "Absolutely no crisis - but we have passed the peak"

Nordic — According to Matthias Kettelhoit, Head of Logicenters, NREP's logistics platform, the pace of expansion of logistics companies will soon begin to slow down. At the same time, he sees no crisis in the logistics industry: "I don't think we have signed as many contracts as we did in the first half of 2023."

Logicenters acquires major logistics portfolio

Sweden Sweden — Bockasjö, Kilenkrysset and Kilenkrysset Sweden are selling five properties with a total leasable area of approximately 120,000 square meters and land of 16,000 square meters at an underlying property value of just over 2 billion SEK to Logicenters.

Logicenters Builds 36,000 sqm for Frigoscandia in Hyllinge

Sweden Sweden — The new logistics property will be specially adapted for storing food in several temperature zones. The facility, which is expected to be ready in the last quarter of 2024, will be located in Hyllinge, just outside Helsingborg, in direct connection to both the E4 and E6.

Fund Giant Wins Land Permit in Competition with Heavyweights

Sweden Sweden — NREP's logistics company Logicenters has drawn the longest straw in a tender competition for an extensive food warehouse in Torslanda in Gothenburg. Nordic Property News tells more about the details of the venture and the tough competitors they managed to beat.

Logicenters Develops Logistics Premises in Enköping

Sweden Sweden — Enköping’s Business Park continues to grow. It’s now clear that Logicenters will continue its establishment in the area where it will develop 12,200 m2 for Jobman Workwear AB. The facility will be ready in the first quarter of 2024.

Logicenters Expands Presence Near Helsinki – Signs Development Agreement

Finland Finland — Logicenters will develop a state-of-the-art facility of 38,000 sqm in Tuusula, just north of Helsinki, for Alfaroc Logistics Oy. The property is expected to be ready in the third quarter of 2024.

Logicenters Signs Lease for Logistics Building with Vinhuset in Vestby

Norway Norway — At the Vestby Logistics Park, south of Oslo, NREP Logicenters has now signed a lease agreement with Vinhuset, which is owned by NorgesGruppen. The object of the lease is the 17,800 sqm logistics facility Stormåsan 42. Vinhuset expects to take up residence in September 2023.

Logicenters Acquires Logistics Property from JV

Sweden Sweden — Logicenters has signed an agreement to acquire a logistics facility in Götene, located alongside the E20 just outside Lidköping. The facility has a total leasable area of 23,040 m2 with baby food manufacturer Semper as the tenant.

Logicenters Signs Lease Deal in Southern Sweden

Sweden Sweden — Elbutik has signed a long-term lease with Logicenters to move into the state-of-the-art facility currently under development in Staffanstorp.

Logicenters Signs New Lease in Staffanstorp

Sweden Sweden — Elbutik has signed a long-term lease with Logicenters to move into the state-of-the-art facility currently under development in Staffanstorp.

Logicenters Develops Property in Moss

Norway Norway — NREP Logicenters has recently acquired 75 000 sqm in Moss, Norway. The plan is to start construction of 20 000–25 000 sqm.

Logicenters Leases to DS Smith in Pirkkala

Finland Finland — Logicenters has developed its property in Pirkkala, Finland, which will be completed by the end of February. It has now been announced that international packaging company DS Smith will move into the facility as the tenant.

Logicenters Leases 13,000 sqm to Medical Cannabis Company

Denmark Denmark — Logistics real estate operator Logicenters continues to grow with its presence in the Copenhagen region. This time by signing a leasing agreement for 13,000 sqm in Køge with Bedrocan, a supplier of medical cannabis.

AXA IM Makes Swedish Portfolio Acquisition

Sweden Sweden — Logicenters sells a logistics portfolio to AXA.

Logicenters Develops Facility in Vantaa for DSV Solutions

Finland Finland — NREP's Logicenters buys land in Vantaa in the Helsinki region to develop an 11,000 square meter logistics facility for DSV Solutions.

Wroclaw Office reaches Full Occupancy Before Completion

Nordic — Logicenters has a new tenant in Poland. The company Cinno Poland is moving into BIK Wroclaw II, which means that the facility is now 100 percent leased even before it is completed. Cinno Poland specializes in servicing electronic equipment and has leased the last available 5,260 square meters in the newly built facility.

Here Are Logicenters’ Finnish Growth Targets

Finland Finland — Jarkko Äikää, Commercial Director, Logicenters Finland, on the recent logistics development in the Koskelo area, attractive Finnish logistics locations, and how much the company will grow in Finland this year.

Logicenters Acquires 206,000 sqm land from Veidekke

Sweden Sweden — Logicenters is continuing its expansion in Greater Stockholm. It has announced the acquisition of land in Nykvarn – just south of the capital – where the initial plan is to construct a new 50,000 sqm facility.

Logicenters Signs Lease with Schibsted i Vestby

Norway Norway — In the Vestby logistics park in the Oslo region, Logicenters has signed a lease agreement with Schibsted Norway. The long-term lease is for 30,500 sqm, on Toveien 21, and is in the final stages of the property purchased by Ferd in 2021. Schibsted is expected to move in between March and June 2023.

The Logistics Opportunities Ahead in Norway

Norway Norway — Jørgen Bråten Nordby, Investment Manager at Logicenters, on the recent acquisition in Heimdal, the attraction to the area, and the Norwegian investment targets for 2022.

Ragde Eiendom Sells Logistics Property to Logicenters

Norway Norway — Logicenters is continuing to establish itself in Norway with the announcement that the logistics property company has acquired a new 18,000 sqm facility in Heimdal, one mile south of Trondheim city centre.

Logicenters on the Acquisition Offensive in Norway

Norway Norway — Ruben Krantz, Commercial Manager at Logicenters: “We will buy more land in Norway next year.”

Logicenters Increases Presence in Norway

Norway Norway — Logicenters has now announced that it has acquired a 70,000 sqm site from Skolt. Construction is expected to begin in the first quarter of 2023 and the entire developed logistics park is scheduled for completion in 2025.

Challenges in Finland: ”There Are Needs for Modern Logistics Properties”

Finland Finland — Jarkko Äikää, Commercial Director, Logicenters Finland, on the logistics opportunities in Finland, and the recent announced major lease contract with Tokmanni in Mäntsälä.