Logicenters’ acquisition of a 21,000 m2 logistics facility in Odense is now complete. The agreement was signed in April 2018 as the construction of the property had just started. The facility has now been completed and the tenant GASA Group recently moved in.
Logicenters, the market leader and developer of modern logistics facilities in the Nordic region, is continuing to expand its logistics portfolio. In April 2018, a contract was signed for the acquisition of a new modern logistics facility in Odense. The 21,000 m2 property is now complete and tenant GASA Group has moved its business in. In total, the property comprises a 11,200 m2 terminal, a 6,200 m2 warehouse and 3,600 m2 of office space.
“The final developmentand construction of the new property has been fast, and we are proud of the facility’s modern specifications. With an excellent strategic position in Denmark, it fits very well into our logistics portfolio. It will now be very exciting to follow GASA Group’s business in the facility and we will, of course, continue to support them as a long-term owner”, says Matthias Kettelhoit, Commercial Head, Logicenters.
The property is located at Logistikvej 4 in Odense, Denmark. The location has been strategically chosen because Odense is centrally located in Denmark and close to the suppliers of GASA Group. The site offers easy access to both the E20 motorway to Copenhagen and the E45 to Germany.
”It has been a pleasure to join and support the dedicated GASA project management, in the development of the building. GASA acted very cooperative and professional during the process, and together with the turnkey contractor Dansk Halentreprise ensured that the project could behanded over ahead of schedule.”, says Jesper Kyhl Gudmann, Project Director at Logicenters.
”We are very satisfied with the move to our new modern warehouse and office premises that provide an excellent work environment for our employees and allow us to grow our business further. We also appreciate the cooperation with Logicenters during the construction phase and look forward to continuing the cooperation with a long-term property owner”, says Claes Riber, Group CFO at GASA Group.
Logicenters and Kilenkrysset are cooperating on a joint venture outside Bålsta in Håbo municipality. A brand new logistics park is now being developed, with the aim of becoming the largest logistics hub in the region. The design of the 312,400 m2 site is already under way and the first construction projects are expected to begin before the summer.
Logicenters and Kilenkrysset have worked together for many years, developing mutual trust in each other as they have cooperated on several joint real estate projects. The two companies are now investing together in the development of a completely new logistics park. The site is located in Håbo municipality and the park will be the largest north of Stockholm. The area to be developed is 312,400 m2, of which 150,000 m2 can be used for construction.
“Taking on the creation of a completely new logistics park is a huge project for us. The area has great potential to become a logistics hub in the future and working with Kilenkrysset and Håbo municipality, we will be able to make this possible. We have good relationships with them and the cooperation has always worked well. It will be exciting to develop the area together from the outset. We are planning to begin property development at the site during the second quarter of this year,” says Matthias Kettelhoit, Commercial Head at Logicenters.
The site is a logistically strategic location at Håbo Lundby 2:8, just outside Bålsta. In close proximity to the international airport, the E18 motorway and Stockholm, it is an attractive location. In addition, railway sidings run all the way into the site, which will facilitate the future transport infrastructure.
“From Kilenkrysset’s point of view, when working to establish large real estate projects and on refinements, cooperating with partnerships is a natural part of the process and this is where Logicenters has been one of our absolute largest partners. We have already started designing the site and are filled with confidence for the establishment. The logistics park will be developed on a good site and has an optimal location with 3.5 million people within an hour’s journey,” says Jens Persson, CEO of Kilenkrysset.
“Håbo municipality is very positive about this type of establishment. We are delighted that Håbo’s strategic location is of interest for investment by companies such as Kilenkrysset and Logicenters. The establishment of the Logistics Park, of course, gives Håbo municipality the opportunity to continue good growth with more jobs in the future,” says Tobias Arvidsson, head of local government at Håbo municipality.
With the ambition to further strengthen the organisation, Anders Østergaard Hansen is appointed to lead Logicenters’ Danish investment team and be responsible for logistics investments and asset management in Denmark.
Logicenters’ ambition for the coming years is to continue strengthening its leading position in modern logistics facilities in the Nordic region. Anders Østergaard Hansen will work to further strengthen Logicenters’ presence and offering in the Danish market.
Anders Østergaard Hansen has worked as an Investment Manager at NREP for two years. He now takes on the role at Logicenters, where he will have overall responsibility for investments and asset management in Denmark. Having previously worked for the LEGO Group and McKinsey & Co, Anders Østergaard Hansen has outstanding expertise in investment and business analysis. With his help, Logicenters will remain at the forefront of the development of modern logistics facilities.
“We have great aspirations when it comes to Logicenters’ development in order to better support our tenants. This requires us to work with the best people and Anders is one of them. With his leadership and expertise in business development, he is an important asset and I am delighted that he has now joined our team”, says Matthias Kettelhoit, Commercial Head at Logicenters.
Logicenters, the largest owner and developer of modern logistics properties in
the Nordic region, introduces their first solar PV project starting construction during spring 2019. The project involves installing five solar PV systems on five logistics properties in Denmark, and will be Logicenters largest environmental investment to date.
This spring, Logicenters will undertake a large solar PV project in Denmark. Logicenters won the Danish Energy Agency’s tender to install rooftop solar panels on five logistics facilities across Denmark. The project is Logicenters’ largest environmental investment to date and the first one in solar energy. The solar panels are estimated to produce 5.9 GWh of green energy per year resulting in an annual CO2 emission saving of 3 400 tons.
”We are very happy with the opportunity to strengthen the renewable profile of our properties. We are turning the roof areas of our properties into an economic resource and at the same time, this enables us to supply our tenants with green energy,” comments Johan Hallgren Madsen, responsible for Energy Performance at NREP/Logicenters.
The installation of the solar PV systems begins in spring 2019 and is planned to be completed approximately two months later. The solar panels will be installed on properties that are located in Greve, Horsens, Høje Taastrup, Ishøj and Aarhus. In the foreseeable future, Logicenters hopes to carry out installations of rooftop solar PV systems on several of their facilities in the Nordic region.
“Green energy will be essential in the future for modern logistics, and this project enables us to help our customers reach their sustainability goals and to supply them with green power. Modern logistics is undergoing rapid green transition and electrification. Logicenters is keen to provide the infrastructure supporting our customers in their transition,” comments Matthias Kettelhoit, Commercial Head of Logicenters.
“Logicenters has an ambition to create sustainable real estate products and contribute to reducing greenhouse gas emissions. The energy agenda in real estate is eminent and using Logicenters’ properties to produce renewable energy is a great way for us to strengthen our response to the threat of climate change,” comments Elisabeth Hermann Frederiksen, Head of Sustainability at NREP/Logicenters.
With high ambitions for the coming years, Logicenters has strengthened its position in the Nordic region with two important new recruits. In Sweden, Carl Johan Enegren has joined as a Business Analyst and in Denmark, Mads Fjeldhoff has strengthened the team as a Transaction Associate.
Logicenters is a leading provider of modern logistics properties in the Nordics with a presence in Sweden, Denmark, Norway and Finland. Investments continue to be made in the organisation, with the company strengthening its position by welcoming two new recruits, one in Sweden and one in Denmark.
Carl Johan Enegren has been recruited as Business Analyst at Logicenters’ Swedish office. He has a background in real estate and has previously worked as a property valuer at JLL. With expertise in analysis and strategy, Carl Johan will now work on preparing for future investments, business plans and developing marketing materials. He will support the entire business process from initial customer dialogue and market analysis to closed investment. In parallel with this, he will also work with business development and Logicenters’ proactive work to stay one of the leading providers of modern logistics facilities in the Nordic region.
Mads Fjeldhoff has been appointed Transaction Associate at Logicenters in Denmark. He will develop business opportunities and be involved in acquisition and lease negotiations. Mads has experience in the industry and has previously worked in market analysis and property valuation at Sadolin & Albæk (now Colliers). From there, he moved to the investment team at ATP Real Estates. While there, he was involved in a number of major transactions, including the acquisition of half of Danica’s shopping centre portfolio.
“I am incredibly proud to welcome Carl Johan and Mads to Logicenters. We need their expertise in order to fulfil our ambition of always remaining ahead of our competition, working proactively with tenants and developing Logicenters’ platform. These two recruits have already become two important assets in our team and they will definitely contribute new perspectives,” says Matthias Kettelhoit, Commercial Head at Logicenters.
Logicenters and its tenant Zalando have won the Logistics Establishment of the Year 2018 award at the largest transport and logistics fair in the Nordic region. The award is presented by Intelligent Logistik.
In autumn 2018, Logicenters completed the development of a 30,000 m2 logistics facility. The project, owned by Logicenters, has now been selected as a winner at the largest transportation and logistics fair in the Nordic region. Its optimal location in the municipality of Upplands-Bro, just outside Stockholm, the environmental certification according to Green Building and optimised floor space with mezzanines on three levels have enabled the logistics facility to meet the award criteria.
The award is presented by Intelligent Logistik and aims to highlight a facility which meets a real need, is innovative and a smart solution from the perspective of flow for users and customers in its choice of logistics location, is energy efficient and provides the lowest possible environmental impact and is a workplace that safeguards the well-being of its employees.
The jury’s motivation:
“Zalando’s facility in Brunna is a step in the logistics chain that has a clear starting point to improve service for its customers. The location in Upplands-Bro is ideal for serving customers in both the Nordic region and Stockholm region with fast delivery. The design of the warehouse with three levels is a new concept which we are likely to see more of in the future – especially in Stockholm where land is expensive and difficult to access. Both the aesthetics and the logistics solution of the warehouse are at the forefront of how e-commerce warehouses will be designed in the future. Both the facility and the solution are examples of excellent interaction between cargo owners, logistics operators and property partners.”
“It feels great that this project gets attention. The development took place during an extremely busy time, but thanks to outstanding cooperation with both Zalando and Ingram everything went according to plan. Due to the Logicenters creative team we also managed to support Zalando’s growth with a temporary facility during the period,” says Matthias Kettelhoit, Head of Commercial of Logicenters.
Jury for Logistics Establishment of the Year 2018
Tobias Jonasson, Mysigma
Linda Persson, Savills
Hilda Hultén, Intelligent Logistik
Gustaf Berencreutz, Intelligent Logistik
FREJA Transport & Logistics A/S has operated from the facility in Høje-Taastrup since 2004. A new lease has now been signed between Logicenters and FREJA to extend this cooperation for a further 15 years. Additionally, the property is currently awaiting new upgrades.
The lease has now been extended between property owner Logicenters and tenant FREJA. Since 2004, the transport and logistics company has operated from the property in Høje-Taastrup in Denmark. The new agreement means that FREJA will stay until 2033, an extension of 15 years. In addition, a part of the 15,929 m2 facility will be upgraded to handle pharmaceutical products, including fitted with a new heating and cooling system.
The facility is located at Litauen Allé 6 in Høje-Taastrups TransportCenter, 15 km from Copenhagen. FREJA Transport & Logistics A/S supplies and stores goods, such as pharmaceuticals, to customers who place high demands on transport as well as warehouse logistics. Furthermore, the facility it is one of FREJA’s international cross dock locations in Denmark.
“FREJA is a key customer for Logicenters, which makes us extremely proud to extend our cooperation. We strive to be a strategic partner to our tenants and understand the importance of offering flexible facilities with modern specifications. Hence, the scheduled upgrade of the property FREJA uses,” says Mikael Sahlin Olesen, Asset Manager at Logicenters.
“We’ve always been very happy and proud of this location, and since approximately 6,000 m2 logistics warehouse needs upgrading to handle pharmaceutical products, it makes sense to conclude this agreement with Logicenters. An owner we always have had a good and developing cooperation with, and in this 15 year agreement we have built in an exit clause that gives us the degrees of freedom we as a Group Concern in growth always seek and wants to cover,” says Ulrik Rasmussen, FREJA Denmark’s CEO.
Logicenters will host a seminar at Logistik & Transport in Gothenburg.
Date: Tuesday, 6th November
Time: 09:30 – 12:00
The new property built by Logicenters for Speed Group in 2018 is now to be expanded. The logistics facility will be a total of 83,000 m2 in size, equivalent to 12 football pitches. Located in strategic Viared, the environmentally-rated facility will become one of the largest in the Nordics and an important project for all the parties involved.
In just nine months, Logicenters completed a 38,000 m2 property for Speed Group in Viared, just outside Borås. This autumn, work will begin on a significant expansion to the building. A total of 45,000 m2 will be added, meeting Speed Group’s continued need for more logistics capacity. Located on Prognosgatan, the logistics facility will be half a mile long and well signed along the R40 main road.
– It is great for us to begin the development of what will ultimately be our largest facility by far. It will be larger than Globen is in volume, as well as being located in one of Sweden’s best logistics locations. This is the sixth property we have developed here in Viared and we are continuing to invest here because we have an excellent relationship with the city of Borås. They are fast-paced, forward-looking and invests a great deal in the industry, which is important considering the continued need for logistics, says Matthias Kettelhoit, Commercial Head, Logicenters.
Focus on growth and environment
Speed Group is in a growth phase and is leasing the entire logistics facility. The company estimates that five major customers will fill what will become an 83,000 m2 facility and that around 200 jobs may be created as a result of the expansion. The decision was also driven by the environmental aspect. By investing in a large facility within the logistics hub represented by Viared, internal transport is reduced. The property also has an environmental classification from Green Building.
– Every investment in our property portfolio must drive both continued growth and environmental perspectives. This property will become Speed Group’s primary logistics facility, something which is made possible well-established collaboration with both Logicenters and the city of Borås. Together, we managed to keep to a tight schedule for the first stage and now it is going to be great fun to expand. There is a positive working climate between all parties and together we will develop something outstanding for Borås, says Peter Nilsson, CEO, Speed Group.
Major investment in Viared industrial park
To date, this development with Logicenters and Speed Group is the largest project the city of Borås has worked on. The industrial park continues to grow as a logistics hub in Scandinavia and the city of Borås has been actively working to facilitate the processes. Recently, the municipality received the Årets Klättrare award from the Swedish Construction Federation, recognising its improvement through the year.
– We have been working hard to simplify and speed up the process of Logicenters’ further development, just as we do with all projects. The first stage went smoothly and with stage two, this development has become the largest project we have worked on. This will of course guarantee continued good growth with investment and jobs in the future, says Daniel Göök, Establishment Manager, Commercial Division in Borås City.
Svensk Åkeritidning (SE)
World in Property (SE)
Borås Tidning (SE)
Dagens Infrastruktur (SE)
Intelligent Logistik (SE)
Logicenters has expanded its property portfolio in Norway with the acquisition of a newly developed logistics facility in Råde, Norway. The purchase was signed with futures contracts and now the 8,000 m2 facility is ready for the tenant New Wave to move in.
In June 2017, Logicenters signed an agreement with Fauna Eiendom AS for the acquisition of a planned new development of a property in Råde, Norway. The 8,000 m2 logistics facility is now ready for the tenant New Wave to move its operations into it. The development of the facility has resulted in 1,500 m2 of office and exhibition space, as well as 6,500 m2 of warehouse space.
– We are delighted that the new modern facility for New Wave in Norway has become part of our logistics property portfolio. As the largest owner of modern logistics facilities in the Nordic region, we have high growth ambitions in Norway and also completed a deal for 44,000 m2 in Vestby during the year, says Jørgen Bråten Nordby at Logicenters in Norway.
Located around 70 kilometres from Oslo and close to the E6 motorway, the logistics facility has a strategically important position in Råde. The property is located at Torvstikkeren 10.
– We are proud to have delivered a modern logistics facility and head office in Norway for New Wave in association with our contractor Norbygg. New Wave has impressed throughout the process and there is no doubt that the company will perform even better in its new facility. With such an expert and professional developer as Logicenters, we are also convinced that the property will be in the best hands for the future. This will enable us to redistribute resources to other exciting development projects we are working on, including 500,000 m2 in a future logistics area along the E6 in Nedre Romerike, says Rasmus Os at Fauna Eiendom AS.
New Wave Group is listed on the Swedish stock exchange and is primarily active in the development and sale of various textile products aimed at the the corporate market. The company also owns the Craft sports brand.