© Copyright NREP 2020 All rights reserved.
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 has acquired a 160,000 m2 site at the Danish logistics park, Skandinavisk Transport Center, in Køge to the south of Copenhagen. The land has been sold by Køge municipality and the acquisition has been undertaken as part of the municipality’s expansion plans for the existing logistics park. This logistics park is one of Denmark’s largest and it will continue to grow as Logicenters establishes itself in the area.
Logicenters develops and owns modern logistics facilities in the Nordic region. The logistics company is now looking to grow further in the Öresund region through the acquisition of a site in Køge, Denmark. The land has been sold by Køge municipality, with the site forming part of the municipality’s long-term expansion plans for the Skandinavisk Transport Center logistics park. The area is approximately 160,000 m2 in size, with Logicenters’ buildings scheduled to account for around 70,000 m2 of this.
“The Öresund region is an enormously competitive and growing region. Our presence in Køge is key to strengthening Logicenters’ position as a leading logistics player in the Nordic region. The undeveloped land gives us the opportunity to meet the needs of potential tenants for a modern logistics property. We will work with the tenant to develop and customise the property. We are happy that Køge municipality recognises the opportunities here and is allowing us to invest in the area,” says Matthias Kettelhoit, Head of Logicenters.
The proximity to Copenhagen and Malmö makes the Skandinavisk Transport Center a strategic location for logistics and transport, especially as the E20, E55 and E47 motorways all pass through Køge. A newly built railway station near the logistics park also provides excellent options for commuting to and from Copenhagen. In addition, the port of Køge is only three kilometres away, ideally located on the Baltic Sea, in close proximity to the Baltic countries. In the future, the Fehmarn Belt Fixed Link will also connect Køge to Germany and the rest of Europe.
“Here in Køge we benefit from our unique location in the vicinity of Copenhagen, and the easy access to the rest of Zealand. This has contributed to creating a growing municipality, and a municipality which is strongly on its way to establishing itself as Zealand’s power centre. It is with great pleasure that we can now welcome a new, great player, namely Logicenters. When they move into Scandinavian Transport Centre, it once again shows that the future lies in Køge,” states Mayor of Køge, Marie Stærke.
“Køge is and has been an ideal base for many years. That is why Skandinavisk Transport Center is delighted to welcome Logicenters to Køge. The site will be ideal for Logicenters’ future tenants who want to become part of a growing logistics park in the best location with 1.5 million consumers in close proximity,” says Thomas Elm Kampmann, CEO of 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.
The Danish logistics company Godshotel is moving into one of Logicenters’ properties in Greve, Denmark. The logistics property company has already signed a lease with Godshotel for a property measuring just over 30,000 m2. The lease commences on 1 September 2020 and the company will be taking over the property from Flying Tiger, which will vacate the premises at the end of August.
Godshotel Lager & Transport has a rapidly growing presence in the warehousing, packaging and transport solutions sector in Denmark and will move into Logicenters’ property at Ventrupparken 2 in Greve. This logistics area is attractively located on Zealand, 25 km from the centre of Copenhagen. The property in question has been constructed in two stages with a total area of 30,142 m2. The high-quality facility is an ideal base for a modern logistics company.
“The fact that Godshotel is choosing to move into one of our properties is proof that we are developing and supplying top-class logistics facilities at attractive addresses. Godshotel will move into a property with all the specifications required to operate a modern and efficient logistics business at an address with direct proximity to the E20 motorway and Copenhagen. We are delighted to welcome Godshotel to its new home in Greve,” says Thomas Petersen, Commercial Manager, Logicenters Denmark.
“We have experienced very strong growth since we have begun operating in Greve and further expansion in the area was a given for us when the opportunity arose. We have enjoyed good communication with Logicenters and found a solution which suits us perfectly. In addition, we have secured further expansion opportunities on the site. Our thanks go to Thomas Petersen and his team at Logicenters for a smooth and constructive negotiation process and consultation at every step along the way,” says Martin Dibbern, Logistics Director at Godshotel.
Logicenters develops and manages modern logistics facilities throughout the Nordic region and owns two more properties in Greve, Denmark. One property is an ongoing project a stone’s throw away at Ventrupparken 4. The other property is located at Greve Main 30. The logistics property company is well established in Zealand with a number of properties in Køge, Ishøj and Vallensbæk.
Logicenters, NREP, has announced the purchase of further land in Vestby, Norway. This time it is a substantial land plot of 100,727 m². This latest acquisition means that Logicenters now owns land for development totalling 128,000 m² in the area. Ground preparation is currently in progress, and the logistics property company predicts that the first property can be ready for tenants in the beginning of 2022.
Logicenters is continuing to establish in strategic logistics hubs throughout the Nordic region. The logistics property company has now acquired a substantial land plot at Toveien 21 in Vestby Næringspark, just south of Oslo. The site was purchased from the investment company Ferd Eiendom.
Logicenters is already well established in the area. Since 2016, Logicenters has purchased 130,000 m² of land and developed facilities totalling 56,000 m² in Vestby, including a new development of 12,000 m² which is scheduled for completion in early 2021, and during this spring, the logistics property company acquired additionally 27,000 m² of land with a potential footprint of ca 70%. With the latest land acquisition of just over 100,000 m², Logicenters has now secured its position for ongoing development in the logistics park. The ground conditions at the newly acquired plot should be of excellent quality, which is key for logistics facilities with high load bearing requirements.
“Vestby is a very attractive logistics cluster for many companies. It is therefore important that we strengthen our presence in the area in order to develop more high-quality facilities for modern logistics operations. We have been very successful in Vestby and this new land acquisition will allow us to continue developing and renting out logistics properties to companies with high demands, positioned at the forefront of their industries. This acquisition will enable us to offer properties for both large and small tenants. We look forward to welcoming our first tenants in early 2022,” says Matthias Kettelhoit, Head of Logicenters.
Vestby Næringspark is located in Oslo’s southern logistics corridor. The business park has an optimal strategic location for warehousing with its close proximity to the E6 motorway and Oslo. Logicenters’ latest land acquisition is one of the few large-scale development areas with direct proximity to both the E6 motorway and Oslo.
After signing a contract with one of the world’s leading logistics companies, Logicenters is now investing further in Eskilstuna Logistics Park. The lease with the logistics giant is initially for an area of 15,000 m2 and Logicenters is continuing its expansion with another 15,000 m2 in the area. Logicenters’ proactivity has been of key to its success in Eskilstuna. With its current expansion, Logicenters will own a total of 51,000 m2 of warehouse space in this area.
The new tenant is one of the world’s largest logistics providers with operations in more than 100 countries. It specialises in sea and air freight, contract logistics and land transport.
The global logistics company will be moving into the Logicenters property in Eskilstuna Logistics Park, located just outside Eskilstuna. Built on speculation, the property has modern specifications with a floor area of 15,000 m2 which is now being further developed in order to adapt it to the new tenant’s operations. In addition, Logicenters is expanding with another 15,000 m2 in the area – again on speculation.
“The fact that one of the world’s largest logistics companies chooses to move into our property is something we are very proud of. This also reinforces our belief that we are developing modern facilities in geographically attractive locations which appeal to leading global players within logistics. We have several new projects under process in Eskilstuna and we see a bright future in the area. Our ambition is to acquire additional land in the area and to continue the expansion. We are looking forward to welcoming more tenants to one of Sweden’s best logistics locations,” says Matthias Kettelhoit, Head of Logicenters.
Eskilstuna Logistics Park has an area of 420 hectares and is strategically located just outside Eskilstuna with direct proximity to the motorway, railway and airport. The geographical location of the logistics park provides excellent transport opportunities to Örebro as well as to the Mälaren region and Stockholm. In addition to the developed area of 36,000 m2, Logicenters is now planning to build on a further 15,000 m2, giving it a total warehouse space of 51,000 m2. There is also an option for further expansion for the logistics property company in the area of just over 40,000 m2.This will facilitate expansion for both current and new tenants in the future.
“We are delighted that Logicenters is continuing its offensive expansion in Eskilstuna and that the international logistics company has chosen to invest here. This confirms Eskilstuna’s position as one of the country’s most expansive logistics areas, something which is key to the creation of many new jobs in Eskilstuna,” says David Hofmann, CEO, Eskilstuna Logistik och Etablering AB.
Logicenters’ strength has always been proactivity and expertise in acquiring key sites of land to establish in logistically strategic locations throughout the Nordic region. Logicenters specialises in modern logistics and develops properties which meet the high standards of quality, efficiency and flexibility required by world-class logistics companies.
Logicenters is scaling up in Norway by strengthening its team with a key hire to support its future growth. The logistics property provider has recruited Ruben Krantz as Commercial Manager for Logicenters in Norway. Krantz has substantial experience in the logistics industry, most recently as Director of Business Development at Colliers.
Logicenters is expanding significantly in Norway. Through both land acquisitions and new developments in Vestby, just outside Oslo, the logistics property company has expanded its presence in Norway substantially in 2020. In order to support future growth and as part of its continued investment, the company has recruited a Commercial Manager for Logicenters in Norway, Ruben Krantz, who will be responsible for the continued business development in Norway.
“We are delighted with this appointment. Ruben has valuable experience of the industry, a wide network of connections and a good understanding of what our customers need. Logicenters is in a strong growth phase and Ruben will have an important part to play in the company’s future investment in Norway. I would like to warmly welcome Ruben to our team and I look forward to working together onwards,” says Matthias Kettelhoit, Head of Logicenters.
Ruben Krantz has substantial experience and understanding of logistics in Norway. His most recent position was as Director of Business Development at Colliers and prior to that as Business Developer at Malling & Co Markets. He will now become a key person in Logicenters’ team where he will be managing the logistics property provider’s future investments in Norway.
“Joining such a successful and ambitious brand such as Logicenters is something I am very proud of and humbled by. My goal is to support Logicenters growth to being the leading logistics property provider in Norway and I look forward to developing the business further in collaboration with my new team,” says Ruben Krantz.
Logicenters is currently expanding its presence in Denmark and has signed a lease with PostNord TPL, the largest TPL operator in the Nordic region. The agreement includes the development of a 35,000 m² logistics property in Køge, just outside Copenhagen, which PostNord TPL will move into. The property is scheduled to be ready for occupancy in the autumn of 2021.
Logicenters is continuing to develop and strengthen its presence at strategic logistics hubs in the Nordic region and is now significantly extending its presence in Køge on Zealand, Denmark. The logistics property company has now signed a new lease with PostNord TPL, which also involves the development of a new 35,000 m² facility. The TPL property is scheduled to be ready for completion and occupancy in the autumn of 2021. Logicenters will serve as the developer for this project and this time will bring its trusted Swedish contractors across the strait.
“We are happy and proud that PostNord has once again shown its confidence in us and that we are now taking our cooperation even further. This confirms that we offer attractive and modern logistics properties of a high quality. The agreement represents an exciting commission where Logicenters, with its collective skills, will also serve as the developer for construction of the new property. We are confident that PostNord will love its new facility,” says Matthias Kettelhoit, Head of Logicenters.
Logicenters focuses on sustainable investment and is at the forefront of developing sustainable buildings with a low carbon footprint and reduced energy consumption. This property will therefore have a clear focus on sustainability and will be prepared for the installation of solar cells on the roof of the property. The property will also be BREEAM certified, which is an environmental certification that places stringent requirements on the property’s environmental performance.
“We have had a positive, fast and businesslike dialogue with Logicenters throughout the lease process and it is felt within our organisation that it is secure to have an opposite party with long-term and substantial experience in building efficient logistics properties,” says Håkan Lindberg, CEO of PostNord TPL A/S in Denmark.
© Copyright NREP 2020 All rights reserved.