© Copyright NREP 2019 All rights reserved.
Logicenters is continuing to expand its organisation. Three positions have been added to support growth of the operation. Viktor Gyllenhammar, Chatrine Gustavsson and Erik Lundmark are taking on new roles at Logicenters.
Logicenters’ ambition for the coming years is to strengthen its leading position in modern logistics facilities in the Nordic region. Investment in the organisation is continuing with the welcoming of three new recruits.
Viktor Gyllenhammar joins the team as Asset Manager. His primary duties will be the management of Logicenters’ properties and he will have overall responsibility for budget, follow-up and technology. His role also entails responsibility for leasing and contract negotiation through close dialogue with tenants. Gyllenhammar’s most recent position was in management at Castellum.
Chatrine Gustavsson has been appointed Project Development Associate and will primarily support project developers with tenant contact, stakeholder management and diverse issues in development projects. Her most recent position was as Local Project Manager at PostNord Real Estate – Property and Projects where she was responsible, among other things, for supplying the core business with functional and suitable logistics premises.
Erik Lundmark has been recruited as a Fund Controller with a focus on financing issues, investor reporting and transactions. The reinforcement is another step for Logicenters in strengthening and sustaining the growth of the finance team. Lundmark most recently worked in the auditing department at Deloitte.
“We have ambitious goals when it comes to the development of Logicenters. By recruiting Chatrine, Viktor and Erik, we have further strengthened the team. We want to work with the best, and now we will grow through new experiences and perspectives. I am therefore proud and delighted that all three have chosen to join us,” says Matthias Kettelhoit, Head of Logicenters.
This spring saw the groundbreaking ceremony take place for Logicenters’ modern 14,872 m2 cross-dock facility outside Copenhagen in Denmark. It was subsequently announced that Bring Danmark would lease just over 70 percent of the property. However, it has become clear that Bring is expanding and will lease the entire facility.
In February 2019, an agreement was signed between Logicenters and Bring Danmark regarding the leasing of 11,160 m2 of logistics space in a modern cross-dock facility in Greve, Denmark. Groundbreaking for the new facility took place the following month. It has now become clear that Bring will be leasing the property’s total area of 14,872 m2 instead of the previously announced area. As a result, the company is expanding its logistics space at the property by just over 30 percent.
“It is gratifying that Bring’s investment in e-commerce has yielded such good results that even before the completion of the logistics facility, it is expanding its logistics area. For Logicenters, it is important to be able to anticipate our customers’ future needs in order to meet them when they arise. This is evidence that our flexible business model supports our customers in their growth”, says Matthias Kettelhoit, Head of Logicenters.
The modern cross-dock facility will have a clear environmental profile and will be equipped with solar cells on the roof. Sorting will be possible in two stories as the building will be around 12 metres high. The safety of the employees is also prioritised with the construction of a footbridge from the car park to the office. The facility is under construction and is scheduled for completion in 2020.
“We are delighted that the demand for our e-commerce venture has exceeded our expectations, resulting in the need to expand our logistics area. Logicenters has been very accommodating in meeting our logistical needs and requirements for sustainability. As a tenant, it certainly feels secure to have Logicenters as the property owner”, says Jens Rom, Managing Director at Bring Danmark.
Logicenters and the magazine Intelligent Logistik signs partnership on the logistics location ranking Logistikläget 2020 – assessing Sweden’s top 25 logistic locations. The ranking list is based on geographical location, business climate, sustainability in the logistics infrastructure, establishment of logistics facilities, workforce availability, academic education, and availability of logistics space.
The event, including several seminars on logistics topics, will take place in Stockholm on the 6th of February.
Logicenters is now strengthening its team to support continued growth. Thomas Petersen is joining the Danish team as Commercial Manager with 27 years of experience in the logistics industry. His most recent position has been director of consulting and transaction services at CBRE.
Logicenters is undergoing an expansion phase and is growing in terms of both real estate holdings and organisationally. Thomas Petersen has been recruited as part of investment in the further strengthening of operations in Denmark. He is assuming the role of Commercial Manager and will be responsible for business development in Denmark.
“I have personally worked with Logicenters as a customer and know how competitive the business is. It has an experienced team, rapid processes and a flexible business model, which are the keys to success in logistics. I am looking forward to helping Logicenters become the obvious choice in Denmark by finding good solutions for potential customers and enabling existing customers to grow with us,” says Thomas Petersen.
Thomas Petersen has worked in the logistics industry for 27 years. He has a background at Kuehne & Nagel, was Operational Manager for Singapore Airlines Cargo and was also Scandinavian General Manager at Worldwide Flight Services. His most recent position has been at CBRE where he was director of consulting and transaction services.
“When I met Thomas, I knew right away that he would be a great asset for Logicenters. He has substantial experience, a large network of contacts and an in-depth understanding of our business. By connecting important people to us, we remain competitive, guaranteeing continued growth. I am proud that Thomas has chosen to join our team and look forward to taking our operations in Denmark to the next stage with him,” says Matthias Kettelhoit, Commercial Head of Logicenters.
Logicenters and Axfood’s purchasing and logistics company Dagab have now signed a contract for the development and leasing of a logistics facility of just over 100,000 m2 in Bålsta. Dagab will become a long-term tenant at the facility, which will be one of the largest in Europe. The property will be 30 metres tall, have environmental certification and comply with modern specifications such as a high degree of automation and several temperature zones.
In March 2019, Logicenters signed a memorandum of understanding with Dagab, Axfood’s purchasing and logistics company, for the development and leasing of a logistics facility in Bålsta. The parties have now signed an agreement which goes beyond development to represent Logicenters’ largest lease in Sweden.
“This is a major development project where Logicenters is expanding its property portfolio with a large, modern and environmentally certified facility beyond the ordinary. We are very proud of the confidence Axfood is placing in us and the development of a facility in a prime position which will enable it to expand its operations. We have a successful collaboration with Dagab and look forward to a rewarding and long-term relationship,” says Matthias Kettelhoit, Commercial Head at Logicenters.
The logistics facility, with a capacity of around 100,000 m2, is one of Europe’s largest and most modern food distribution centres for both retail and e-commerce. The property will have a unique height of 30 metres and a high degree of automation which will ensure that the chilled, refrigerated and temperate zones are maintained. In line with Logicenters’ strategy regarding sustainability and energy efficiency, the facility will have a high level of environmental certification and there is also a plan to incorporate solar cells on the roof.
The property is strategically located at Håbo Lundby 2:8 outside Bålsta, northwest of Stockholm. The proximity to the E18 and Stockholm makes this an attractive location. In addition, railway sidings run all the way into the site, which will facilitate the future transport infrastructure. The logistics facility will enter into operation in 2023 and will also mean many job opportunities.
“We are very pleased that we are now one step closer to the start of construction on our highly automated logistics centre. This new logistics solution will enable us to become both more efficient and more flexible when it comes to future developments in the grocery trade. Being able to stock a wider range of products in the new facility will enable us to deliver faster and more sustainably, strengthening our offers to customers,” says Nicholas Pettersson, CEO of Dagab.
Real Advokatbyrå has provided Logicenters with legal consultation regarding the deal.
Nordic real estate investment company NREP and Logicenters will build the world’s first deep geothermal well with seasonal storage capability in Espoo in cooperation with the energy industry start-up QHeat. The project pilots a new, nearly emission-free energy solution for large real estate, producing as much as 40 times the heat energy of traditional geothermal heating.
The deep geothermal well developed by QHeat is a medium-depth geothermal well drilled to the depth of approximately two kilometres and can heat and cool large real estate areas or regional grids with near-zero emissions. The solution enables emission-free geothermal heating in growing urban areas, as well, as it is well suited to dense housing areas and groundwater areas. The pilot is carried out at the NREP Logicenters’ logistics property in Espoo, and it is estimated to reduce the property’s CO2 emissions by as much as 90 per cent. The project is set to be completed by the end of November.
“By piloting new solutions, such as QHeat’s deep geothermal heat, and by scaling them into wider operating models, we are actively introducing new ways to reduce the environmental impacts of real estate in the industry. We are also continuously exploring possibilities to improve energy efficiency and increase the use of renewable energy in our properties. We are committed to reducing the climate emissions of real estate and to promoting energy efficiency, because real estate and construction produce approximately a third of Finland’s carbon footprint,” says Jani Nokkanen, partner at NREP.
Finland’s goal is to reduce emissions by at least 39 per cent from the 2005 level by the year 2030. With deep geothermal heat, emissions from real estate heating can be reduced by as much as 95 per cent compared to fossil fuels. If solutions such as deep geothermal heat can be scaled to even 5 per cent of Finland’s real estate stock, it would mean a reduction of half a million metric tonnes of CO2 emissions per year, or four per cent of Finland’s emission target, according to QHeat’s calculations.
“A clean future lies beneath our feet. With deep geothermal heat, we can make good use of the warm summer months, because during the summer, we can store waste energy from cooling into the ground and then use it for heating in the winter. Deep geothermal energy has significant export potential as a solution that can mitigate climate change by reducing the emissions from heating and cooling on a global scale,” says Miska Eriksson, CEO of QHeat.
Qheat’s deep geothermal heat technology is patented and has been tested in cooperation with Finnish experts and universities. The project has received funding from Business Finland as part of the Smart Otaniemi initiative.
Since May 2018, Logicenters has been developing a new logistics facility just outside Copenhagen. At the time development began, a lease was also signed with Havi Logistics, which have moved into 4,500 m2 leaving 8,900 m2 available for another tenant.
Logicenters’ new logistics facility at Vejleåvej 11 in the industrial district of Winthersminde outside Copenhagen has now been completed. A lease was signed with Havi Logistics back in May 2018 when the development was beginning. The lease is for a logistics area of 4,500 m2 and comprises freezer, refrigerated and traditional storage. Havi Logistics has moved into the property, which has a total area of 13,400 m2. This means that there is still 8,900 m2 of modern high ceiling logistics space available for a new tenant.
“We have cooperated closely with Havi Logistics throughout the development process to ensure that its needs have beenfully met. At the same time, we have succeeded in constructing a generic facility complying with modern specifications so that the facility can also be adapted for tenants wishing to move into the remaining 8,900 m2. It is a strategic position for us to develop a state-of-the-art facility and the property is part of our investment in increasing our presence in the Copenhagen area,” says Mikael Sahlin Olesen, Asset Manager at Logicenters.
Logicenters has signed a new agreement with Skanska concerning the development and acquisition of a new property in Helsingborg. A modern logistics facility of 30,150 m2 is to be constructed with completion scheduled for the first quarter of 2020. The tenant PostNord TPL will also move in at this time.
An agreement has now been signed between Logicenters and Skanska concerning a 30,150 m2 logistics facility in Helsingborg. Development is being undertaken by Skanska and the property will be acquired by Logicenters. The property is scheduled to be completed in February 2020 and will have future-proof specifications to ensure it meets PostNord TPL’s operational requirements.
With an excellent location, the logistics facility is located in the well-established industrial district in Södra Väla in Helsingborg. With proximity to the E4 and E20 motorways as well as Sweden’s second largest container port, the property is located at a strategically important regional hub.
“Helsingborg is one of Sweden’s most important locations in terms of logistics. We are now proud to further strengthen our presence in southern Sweden with the long-term ownership of this property. The facility fits well with our strategy of offering properties in optimum locations as well as with modern specifications,” says Matthias Kettelhoit, Commercial Head, Logicenters.
“We are delighted to be able to expand our cooperation with Logicenters. We have enjoyed good experiences with Logicenters for some time now, as we have together developed more than 50,000 m2 of space at other locations in the country,” says Henrik Ahnström, Head of Project Development, Skanska Fastigheter Göteborg AB.
Logicenters is expanding at a greater rate than ever before. With a total of nine logistics facilities under development, the company is strengthening its position in the Nordic market significantly. The total area currently being developed by Logicenters amounts to a total of 227,000 m2, with several LOIs also having been signed.
Logicenters is a leading developer and owner of modern logistics facilities in the Nordic region. In August 2018, the total holding of logistics space amounted to 1.6 million m2. This figure continues to rise and Logicenters currently has nine ongoing development projects totalling 227,000 m2. Of these, six are in Sweden, two in Denmark and one in Finland. In addition, LOIs have been signed for an additional 210,000 m2, including a 110,000 m2 facility for Axfood in Bålsta, Sweden.
“I am incredibly proud of Logicenters’ success. It is thanks to a strong team and a unique operational flexibility that we have been able to grow at the pace we have. This current expansion is enabling us to increase our presence in important logistics hubs and a natural consequence of this is that we need further reinforcement of the team. We are now looking for project developers for several of our development projects,”says Matthias Kettelhoit, Commercial Head at Logicenters.
A sustainable focus
Sustainability is one facet of today’s Logicenters development projects. Energy-efficient solutions and solar panels on roofs are examples of recurring specifications in the construction of new properties. According to Logicenters’ Head of Development, Eva Sterner, the sustainability strategy is an important success factor.
“Reducing our carbon footprint to the greatest possible extent is of the utmost priority to us. Our sustainability strategy integrated in the logistics portfolio enables us to help our customers reach their climate goals, something that we know is appreciated. The great interest in our facilities is a confirmation that we maintain a high standard of development and we will continue to work to meet the functional and sustainable logistics needs of tomorrow,” says Eva Sterner, Head of Development at Logicenters.
Logicenters has now completed the further development of two existing facilities in Vantaa, Finland. The properties, with a total area of 22,000 m2, have been renovated both internally and externally in order to reduce CO2 emissions and meet the logistics needs of tomorrow. This modernisation has included new loading docks, an updated ventilation system aswell as the imminent installation of solar panels on the roof.
In May 2018, Logicenters began the further development of two properties on the samesite in Vantaa, Finland. The logistics facilities were modernised in order to meet the functional and sustainable logistics needs of tomorrow. The renovation of the properties, totalling 22,000 m2, has now been completed.
The properties have been equipped with new loading docks with modern specifications and the lighting has been replaced with energy-efficient LEDs. The surface layer of the walls has been renovated and the ventilation system updated. Solar panels will also be installed on the roof this summer.
“The facilities now comply with the market standards regarding sustainability, which makes us very proud. Energy efficiency has been a key word during this development, during which significant resources have been invested in reducing the properties’ environmental footprint. Logicenters has a clear strategy on sustainability and I am pleased that our property portfolio has become even more modern in connection with this project,” says Jarkko Äikää, Commercial Director, Logicenters in Finland.
The facilities are located at Manttaalitie 5–7, a strategically important location, in close proximity to the international airport, Helsinki and the E18 highway. The two properties house eight tenants, including Bufab Finland Oy, AB ME Group Oy Ltd and Logitri Oy.
© Copyright NREP 2019 All rights reserved.