(BRIEF) On March 27, 2024, Logicor, a leading player in the European logistics real estate sector, finalized the acquisition of two new plots of land located in key logistics hubs in Sweden. With plans to expand more than 100,000 m² of new logistics space. , the acquisitions underscore Logicor’s commitment to expanding its presence in high-potential markets such as Sweden. The first plot, located in Nykvarn near Greater Stockholm, will offer more than 60,000 m² of GLA, while the second in Staffanstorp-Malmö will offer more than 40,000 m² GLA. These strategic locations, along with their proximity to major transportation networks, position Logicor to meet the growing demand for modern and sustainable logistics services in the region. The company is aiming for BREEAM Excellent certifications for any of the expansions. Walljaeger, director and asset manager for Sweden at Logicor, highlights the importance of these acquisitions in aligning with the company’s expansion strategy and meeting market demands.
(PRESS RELEASE) LONDON, March 27, 2024 — /EuropaWire/ — Logicor, one of Europe’s leading owners, managers and developers of logistics assets, has acquired two new plots of land located in world-class logistics centers in Sweden with the aim of delivering more than 100,000 m² of new logistics space. The distributor Kilenkrysset, a Swedish private landowner. Pricing is not disclosed.
The two new land acquisitions follow Logicor’s recent site acquisitions in Gothenburg and Rosersberg and, once developed, will expand Logicor’s presence in Sweden.
The first location is in Nykvarn, one of the most productive logistics submarkets in Greater Stockholm, and will house more than 60,000 m² of GLA. The land is to the west of Södertälje, close to the main maritime network of the E20 to the west, Route 55 with north and south connections, as well as the E4 and the port of Södertälje.
The current location is in Staffanstorp – Malmö and will have a living area of more than 40,000 m². The land is just five kilometres from the E6, which connects Stockholm, Gothenburg, Malmö and Copenhagen. The E22, which connects Malmö to Norrköping in northern Sweden, is also nearby.
The planning procedure is expected to begin in the second quarter of 2024 and the structuring phase is expected to begin in the first part of 2025 for either project. Progress will focus on BREEAM Excellent certifications.
The acquisition of these two strategic sites is an example of our strategy in action. We are working to expand our presence in high-conviction markets, such as Sweden, where we know there is strong demand for sustainable and trendy real estate.
We are very pleased to obtain such well-located sites, close to metropolitan spaces and major shipping routes, and we look forward to achieving them in close cooperation with our customers in the long term. “
Logicor currently owns 1. 1 million m² of real estate in the Nordics, an area where demand for sustainable and well-located assets continues to outstrip supply, and manages a further 500,000 m² of asset management.
About Logicor:
Logicor is one of Europe’s leading logistics asset owners, managers and developers.
As of December 2023, our asset portfolio encompasses more than 20 million square meters of warehouse area in key transportation hubs and near primary population centers, enabling us to serve more than 2000 customers.
Media Contact:
SOURCE: Logicor
MORE ABOUT LOGICOR, ETC. :Logicor completes BTS’s progression and improves logistics infrastructures in Sant Feliu de BuixalleuLogicor completes the expansion of the Walki warehouse, sustainability and capacity
EuropaWire (EW) is, in fact, the first pan-European press release distribution and press release distribution service for Europe and the European Union, which aims to consolidate Europe’s global voice of news agencies and media. Complex submission forms, flexible PR pricing and budgets, granular targeting, unlimited maximum success across countries, markets, verticals, sectors, audiences, languages, etc. , translation and localization for greater local PR impact, in-depth distribution. metrics and insights, adding measured PR success, readings, engagement, impact, etc. , with no limits on words, images, and multimedia to accompany your post, among other things. Your press releases will be among the most important press releases. and top companies, brands and vital establishments in Europe.
HOW DO I GET STARTED?