NREP Logicenters continues to strengthen its position in the Oslo region with a record-breaking acquisition of one of the Nordic region’s most sophisticated distribution centers. The acquired property is a 27-metre high-quality property measuring 84,800 m2 let to the grocery retailer Coop.
The logistics property company Logicenters continues to establish and consolidate their presence in strategic logistics hubs in Norway. Right beside Oslo Airport, Logicenters has acquired a first-class 84,800 m2 logistics facility from Møller Eiendom and Stokke Industri. Norway’s second largest grocery chain, Coop, is the long-term tenant of the property. There is an opportunity to expand the facility further, and Logicenters is looking forward to explore development of the property together with Coop.
“I am very proud to announce the off-market acquisition of this first-class logistics facility at one of Norway’s most attractive logistics hubs. It is in line with our long-term strategy to acquire properties of this particular quality. It is not a coincidence that the two largest logistics facilities in our property portfolio, this one and one in Bålsta, will be used by companies in the grocery segment. This is an industry which is less affected by market cycles than other industries as there will always be a demand for food,” says Matthias Kettelhoit, Head of Logicenters.
The property is fully automated and has refrigerated, freezer and temperate warehouse sections, enabling the tenant to handle large volumes of goods. In line with Logicenters’ sustainability and energy efficiency strategy, there is an opportunity to install solar panels on the property, both on the roof and on the facades.
“As one of the Nordic region’s leading real estate investors, we are always striving to intensify our presence at strategic locations around the region – and this is exactly what we have done here. This acquisition is the single largest investment we have made in logistics and it is also the latest addition in our ambition to further expand NREP’s presence in Norway. We would like to thank Møller Eiendom and Stokke Industri for their excellent collaboration. We look forward to continuing our partnership with Coop at this property,” says Jens Petter Hagen, Partner at NREP Norway.
CBRE has acted as commercial advisor for NREP Logicenters in this transaction, while Wikborg Rein has acted as legal advisor.
The partnership between Møller Eiendom and Stokke Industri has owned and developed the property since it was finalized in 2015. The investment was done with a five-year perspective.
“We are very pleased to have reached an agreement with NREP. Their focus on development of modern logistics properties and long-term ownership is a good match for both the property and the tenant,”, says Thomas Sletten, Chief Investment Officer at Møller Eiendom.
Pangea Property Partners has been exclusive sell-side advisor for Møller and Stokke. The law firm Thommessen has also advised the sellers in the transaction.
Så har spaden vendt den først jord til den 35.000 kvm store logistikejendom i Køge, som Logicenters udvikler og opfører til den kommende lejer, PostNord, der kan forvente at flytte ind til efteråret 2021.
Tilbage i juli offentliggjorde Nordens førende udvikler af logistikejendomme, Logicenters, at virksomheden havde indgået en lejeaftale med PostNord om den nye 35.000 kvm. store logistikejendom, som nu bliver opført i Køge. Og forleden kunne parterne så fejre aftalen med sammen at foretage første spadestik ved byggeriet.
“Vi er meget stolte over at være i stand til at udvide vores partnerskab med PostNord. Dette første spadestik er ekstra særligt for os, idet vi også står for hele udviklingen og opførelsen af ejendommen. Jeg er sikker på, at PostNord vil blive glade med dette logistikcenter, der kommer til at opfylde alle deres krav”, siger Matthias Kettelhoit, Head of Logicenters.
Bygningen har klart fokus på bæredygtighed og vil blive gjort klar til, at der kan etableres solceller på taget, ligesom det vil blive BREEAM-certificeret. Det er en klart beskrevet del at Logicenters strategi at udvikle bæredygtige faciliteter med lav CO2-udledning og lavt energiforbrug.
“Vi er begejstrede for, at det første spadestik til vores nye logistikejendom nu er taget. På PostNord PTLs vegne vil jeg gerne takke Logicenters for et storartet partnerskab indtil videre og ser nu frem til at kunne flytte ind i den færdige bygning til efteråret 2021”, siger Håkan Lindberg, der er CEO for PostNord TPL A/S i Danmark.
Logicenters continues to strengthen its position in southern Sweden with the acquisition of a logistics facility in Landskrona in Skåne. The logistics property company has acquired e-commerce company NA-KD’s new 23,000 m2 logistics warehouse. The e-commerce company will continue to operate from the property.
Logicenters is continuing to establish and consolidate its presence at strategic logistics hubs. It has now acquired NA-KD’s 23,000 m2 logistics facility in Kronan Logistics Park, Landskrona. The e-commerce company, which recently moved into the property, will continue to operate from the site. It will also be possible to expand the facility by up to 9,000 m2 in addition to the space currently leased by NA-KD.
“We are very happy about this new collaboration with a growing e-retailer. Logicenters is flourishing and we are more than ready to help NA-KD optimise its logistics management and e-commerce by acquiring this property. Kronan Logistics Park has an unbeatable location for logistics, close to both Malmö and the rest of the Öresund region. We are looking forward to working with NA-KD and it will be exciting to follow its development in a rapidly growing e-commerce sector,” says Matthias Kettelhoit, Head of Logicenters.
The acquisition of NA-KD’s logistics facility has enabled Logicenters to double its presence in Kronan Logistics Park to a total of almost 50,000 m2 of logistics space. Earlier this year, a 24,000 m2 facility was completed in the park, which is also included in the logistics property company’s property portfolio.
“We are delighted to link up with a leading logistics real estate player that is familiar with our needs. Logicenters is professional, flexible and easy to work with and we are looking forward to it taking over the management of our property. This will enable us to continue focusing on the streamlining of our internal processes and taking our business to the next level,” says Oscar von Konow, COO at NA-KD.
The groundbreaking ceremony for the property being developed by Logicenters in Kurikantie, Pirkkala took place on 23 October. The modern 4600 m² sorting facility will be leased to PostNord Oy, with which the logistics property company signed a lease earlier this year. Logicenters is also planning to develop an additional 7000 m2 warehouse onsite.
This summer, Logicenters announced that they had signed a lease with PostNord Oy in Pirkkala, Finland. The agreement involved the construction of a 4600 m² sorting facility which is to be ready for occupancy in the early summer of 2021. And now the groundbreaking ceremony for the new property has taken place. In addition to the sorting facility’s modern specifications, it will also be heated using geothermal energy, with the electricity being provided by solar power.
“We are very proud that development of the sorting facility for PostNord Oy is now under way. The building will be equipped with specifications which meet all of PostNord Oy’s needs. Logicenters is at the forefront when it comes to developing properties with a high environmental performance, as will be clearly demonstrated by this facility,” says Jarkko Äikää, Commercial Director Logicenters Finland.
The facility will also be prepared for further development with a 2000 m² extension. Logicenters will also develop a 7000 m² detached warehouse onsite.
“It is gratifying that the groundbreaking ceremony for our new sorting facility has now taken place. The facility will form part of our investment in delivering more quickly and responsibly throughout Finland. We can’t wait to move into the finished facility as this will strengthen our competitiveness and flexibility,” says Jani Ståhlhammar, COO at PostNord Oy in Finland.
Present at the groundbreaking ceremony were Marko Määttä (Logicenters), Ville Hilmola (PostNord), Jaakko Hermikoski (PostNord), Jani Ståhlhammar (PostNord) and Jarkko Äikää (Logicenters).
Earlier this year, Logicenters signed a lease with e-retailer and Borås company Care of Carl. The web-based menswear store is now moving into Logicenters’ facility in Viared, just outside Borås. Care of Carl has leased an area measuring approximately 12,000 m2, equivalent to half of the property’s floor space. Consequently, the remaining area is available for additional tenants.
E-commerce is currently breaking all records, with e-commerce companies experiencing almost explosive developments during 2020. The keys to Logicenters’ property in Viared, just outside Borås, have been handed over to web-based menswear store and Borås company Care of Carl, which is now moving into the property. The e-retailer’s new property has been equipped with all the technical specifications required for modern logistics operations. The facility’s technical solutions have also been adapted to suit the e-retailer’s operations.
“We would like to warmly welcome Care of Carl to its new property. We see that the growth in e-commerce has exploded this year, as it continues to play an even greater part in people’s lives. Therefore, we believe that Care of Carl’s new logistics facility will enable them to be well equipped for the future. The fact that the property is also located in one of Sweden’s best geographical locations for logistics is also beneficial. We are now looking forward to closely following a fast-growing and smart e-commerce company on its journey”, says Matthias Kettelhoit, Head of Logicenters.
Geographically speaking, Viared has an ideal location for logistics. Its proximity to Landvetter Airport and the major cities of Gothenburg and Jönköping makes it very attractive to a range of different sectors – not least fast-growing e-retailers. The area is also ranked as Sweden’s main area for logistics. With Care of Carl moving into half of the property, this means that the other half – approximately 12,000 m2 – is available for additional tenants, with the opportunity for rapid occupancy.
“We are really looking forward to moving into our new logistics and office facility in Borås. The logistics premises have been perfectly designed according to our needs and the office premises have been completely renovated according to our wishes. E-commerce has continued to grow throughout the year, placing even greater demands on our internal processes, so it feels good that we now have access to a much larger warehouse space. With the move, we are ready to take our business to the next level, while at the same time continuing our operation in our hometown Borås, where our journey once began”, concludes Henning Källqvist, CEO and founder, Care of Carl.
With an area of 60,000 m2 and capacity of 5 megawatts, the solar plant in Borås is the largest ever installed on a rooftop in the Nordic region. Behind the investment is real estate investor NREP through its logistics arm, Logicenters, and tenant Speed Group. Solkompaniet has been commissioned to erect the plant and installation of the solar cells has now begun. In addition to meeting the property’s electricity needs, it is estimated that the plant will contribute with 2.6 million kilowatt hours of solar electricity to the grid. The rooftop plant will be by far the largest in Sweden.
According to the Swedish Energy Agency’s statistics, only one solar plant with a capacity of more than 1 megawatt was built in Sweden in 2019. Said plant was built on the ground and has a capacity of 1.5 megawatts. A plant is now being developed which is more than three times this size – the largest rooftop solar plant in the Nordic region. In order to push the transition to renewable energy, Logicenters – the real estate investor NREP’s logistics branch – and its tenant Speed Group are using the rooftop of the 83,000 m2 logistics facility in Viared, outside Borås. It is estimated that the solar cells can produce 4 million kilowatt hours annually, which is equivalent to the annual electricity demand for 1,800 all-electric cars.
“The roofs of large logistics facilities are the ideal location for installing solar plants. Therefore, it feels important that, as developers and owners of logistics properties, we are at the forefront of solar electricity production on our rooftops. We have a number of ambitious sustainability goals, one of which is to operate all our properties using renewable energy. And the demand for solar electricity is high from both companies and individuals – something which we can now fulfill. This facility will meet the tenant’s electricity needs on an annual basis, contribute more renewable electricity to the grid for the inhabitants of Borås to use and can save the environment up to 2,000 tons of CO2 emissions per year”, says Matthias Kettelhoit, Head of Logicenters at NREP.
During 2020, electricity prices have been 40 percent higher in central Sweden than in northern Sweden. It shows very clearly that we have a lack of transmission capacity and too little electricity generation south of the Dalälven river. This means that solar electricity, when it is developed on both roofs and in solar parks, can make an important contribution to the demand for electricity during the summer months in central and southern Sweden.
“The large solar plant will help to meet the increased electricity demand for electricity in southern Sweden with locally produced renewable electricity. An important contribution to the transition to a completely renewable electricity system”, says Johan Öhnell, chairman of Solkompaniet, which will build the plant during the autumn.
The energy tax – an obstacle to widespread solar production
There is great potential to produce solar energy in Sweden. At the same time, current energy taxes penalise those installing large solar plants. Companies generating solar power on their properties are taxed on the electricity they generate when a solar plant exceeds the power limit of 255 kilowatts. The government has recently proposed raising the limit to 500 kilowatts, but the Borås plant is ten times that size. The companies behind the solar plant in Borås have the capacity to contribute electricity from renewable energy sources – but are calling on the government to rethink and remove the limit altogether.
“NREP has a total of 2.5 million square metres of real estate in the Nordic region and is continuing to make climate investments such as solar cell installations on a number of rooftops. But the government has a heavy responsibility in expanding the financial incentives for this type of venture. An energy tax on self-generated solar electricity, used partly by the company itself and partly contributing renewable electricity to the electricity grid, is not the right way to go. We have a number of ambitious sustainability goals, one of which is to operate all our properties using renewable energy, but there must be an increased cooperation between various players in the community“, says Stefan Wallander, CEO of NREP in Sweden.
“Our major customers demand an action plan from Speed Group, in order to contribute to the goal of a maximum increase in global warning of 1.5°C, in line with the Paris Agreement. The installation of the solar plant is our single greatest step towards meeting our customers’ high sustainability requirements,” says Mats Johnson, CEO of Speed Group.
Logicenters is experiencing a strong expansion phase and is in the process of strengthening its team significantly. To support the logistics property company’s continued growth and ambitious goals, Logicenters has acquired six new employees. These include a Sustainability Manager in order to further strengthen Logicenters’ work on sustainability.
Logicenters is today the leading developer and long-term owner of modern and sustainable logistics properties in the Nordic region. Over the past decade, Logicenters has been the most active developer of logistics properties with more than 25 completed projects and over 600,000 square metres of logistics space. Logicenters is now a Nordic team with offices in Sweden, Denmark, Norway and Finland.
The flourishing e-commerce sector over recent years is just one of the reasons why Logicenters has enjoyed a continued increase in its real estate holdings and strong organisational growth. In order to keep pace with this rate of growth, Logicenters is now reinforcing its team by adding a number of new positions. This includes two new Commercial Managers – Ruben Krantz in Norway and Fredrik Nygren in Sweden.
Logicenters, who are connected to RE100 through NREP, also has high sustainability goals and are working continuously to make its properties more energy efficient. For example, earlier this year, construction began on what will be the Nordic region’s largest rooftop solar cell plant, in terms of both area and capacity. With the aim to further strengthen NREPs work on sustainability, Logicenters has now recruited Karin Sjövall in the role of Sustainability Manager, with a main focus on logistics properties. Karin most recently worked at Nordic Property Management as a Project Sustainability Manager.
“It feels really great to team up with even more smart, driven and engaging people who understand what our customers value. I am absolutely positive that our new colleagues will contribute to our continued growth and help to ensure that our high business goals are achieved. Together, we will continue to develop and manage the Nordic region’s most modern and sustainable logistics properties. And we will take Logicenters to the next level”, says Matthias Kettelhoit, Head of Logicenters.
Logicenters has also recruited Andreas Luczak as a Transactions Associate, Erik Karlsson as a Business Analyst and Kalle Nurmos as an Asset Manager. In addition, the logistics property company is currently looking into further recruitments in order to support its rate of growth.
Logicenters har købt et 160.000 m2 jordstykke i Skandinavisk Transport Center i Køge. Handlen er indgået med Køge Kommune, og salget er en del af kommunens udvidelsesplaner af det eksisterende transportcenter. Transportcenteret er et af Danmarks største og vil nu vækste yderligere i takt med, at Logicenters etablerer sig i området.
Logicenters udvikler og ejer moderne logistikfaciliteter i Norden. Med købet af byggejord i Køge ser Logicenters nu frem til at vokse yderligere i Øresundsregionen. Jordstykket på 160.000 m2, som er købt af Køge Kommune, er en del af de langsigtede udvidelsesplaner for Skandinavisk Transport Center. Logicenters forventer at bygge omkring 70.000 m2.
”Øresundsregionen er en enormt konkurrencepræget og voksende region. Vores tilstedeværelse i Køge er vigtig for at styrke Logicenters’ position som en ledende aktør på logistikmarkedet i Norden. Det ubebyggede jordstykke giver os mulighed for at kunne imødekomme potentielle lejeres krav til en moderne logistikejendom, og vi kommer til at arbejde tæt sammen med lejerne om at udvikle og skræddersy ejendommene. Vi glæder os over, at Køge Kommune er opmærksom på disse muligheder, og lader os investere i området”, fortæller Matthias Kettelhoit, Head of Logicenters.
Nærheden til København og Malmø gør Skandinavisk Transport Center til en strategisk beliggenhed for logistik- og transportvirksomheder, særligt fordi E20, E55 og E47 passerer gennem Køge. Den nye station, Køge Nord, ligger tæt på jordstykket og giver gode muligheder for pendling til og fra København. Desuden ligger Køge Havn, med en ideel beliggenhed i Østersøen og adgang til de baltiske lande, blot tre kilometer fra området. I fremtiden styrkes området yderligere af den nyligt påbegyndte Fermern Bælt-forbindelse, som vil forbinde Køge med Tyskland og resten af Europa.
”Her i Køge har vi gennem årene satset på at udnytte vores helt unikke beliggenhed, tæt på København og med nem adgang til resten af Danmark. Det har bidraget til at skabe en kommune i vækst, og en kommune, der er stærkt på vej til at etablere sig som Sjællands kraftcenter. Det er glædeligt, at vi nu kan byde velkommen til en ny, stor spiller på banen i form af Logicenters. Når de rykker ind i Skandinavisk Transport Center bliver det bare endnu mere tydeligt, at fremtiden ligger i Køge”, siger borgmester Marie Stærke.
“Køge er og har i mange år været en ideel placering for logistikvirksomheder. Derfor vil Skandinavisk Transport Center byde varmt velkommen til Logicenters i Køge. Jordstykket egner sig perfekt til Logicenters’ fremtidige lejere, som vil blive en del af en voksende logistikpark på bedste beliggenhed med 1,5 millioner forbrugere i oplandet”, udtaler Thomas Elm Kampmann, CEO i Skandinavisk Transport Center.
Logicenters has welcomed a new tenant to its property in Arlandastad – VeddestaGruppen. The facility, which was completed earlier this year, has a total area of 25,000 m2. This move has enabled the tenant to combine all its operations under one roof.
In the spring of 2019, the groundbreaking ceremony took place for Logicenters’ 25,000 m2 logistics facility at Uppfinnarvägen 4 in Arlandastad, just north of Stockholm. The property’s tenant, VeddestaGruppen, has now just moved into its new property. The new facility now accommodates all four of the Group’s subsidiaries – Veddesta Distribution, Veddesta Transport, Multi Logistik and Bemanningsstrykan.
“We are delighted to welcome VeddestaGruppen to its new property and to accompany it on its journey. They have moved into a modern property in a prime location with all the prerequisites for operating an efficient logistics business. The area around Arlanda Airport has attracted many established logistics companies. We are confident that VeddestaGruppen will thrive in its new home,” says Matthias Kettelhoit, Head of Logicenters.
With its proximity to the E4 motorway, Arlanda Airport and the Ostkustbanan railway line, the property has a prime location. Arlandastad is a fast-growing logistics hub with direct proximity to Stockholm and the Mälaren region, making the area very attractive with excellent conditions for logistics operations.
“The move to Arlandastad is something which fills us with great confidence. Combining all our companies under the same roof is something we strongly believe in. Our new property is located in a very attractive location and will further strengthen the services we offer. We are more than ready to start the next chapter in VeddestaGruppen’s story and would also like to take this opportunity to thank Logicenters for its outstanding collaboration,” says Jonas Eriksson, CEO of VeddestaGruppen.
Godshotel har indgået en aftale med Logicenters om pr. 1. september at overtage lejemålet af ca. 30 000 m2, logistikfaciliteter i Greve, syd for København, som hidtil har været benyttet af Flying Tiger.
Godshotel Lager & Transport er en hurtigt voksende aktør inden for lager, pakning og transport i Danmark, og virksomheden får med sin placering i Ventrupparken en attraktive beliggenhed kun 25 km. fra København centrum. Selve logistikejendommen er på to etager med et samlet areal 30.142 m2.
”At Godshotel har valgt at flytte ind i Greve understreger, at Logicenters forstår at udvikle og levere logistikfaciliteter i topklasse på attraktive adresser. Ejendommen i Greve har alle de egenskaber, som kræves for at drive moderne og effektiv logistik ikke mindst med en adresse tæt på E20 motorvejen og København. Vi glæder os til at kunne byde Godshotel velkomne”, siger Thomas Petersen, Commercial Manager, Logicenters Danmark.
”Vi har oplevet en meget stærk vækst, siden vi samlede vores aktiviteter i Greve, og det var naturligt for os at udvide yderligere i området, da vi fik muligheden. Vi har haft en god dialog og fået god rådgivning af Thomas Petersen og hans team i Logicenters og fundet en løsning, der passer os perfekt, ikke mindst fordi vi har kunnet sikre os muligheden for at udvide på grunden” siger Martin Dibbern, Logistikdirektør i Godshotel.
Logicenters, der udvikler og forvalter logistikfaciliteter over hele Norden, ejer yderligere to logistik ejendomme i Greve, hvoraf den ene er direkte nabo til Godshotels nye faciliteter, mens den anden ligger få hundrede meter væk på Greve Main. Derudover er Logicenters solidt etableret på Sjælland med adskillige ejendomme i Køge, Ishøj og Vallensbæk.