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.
Logicenters recently completed its modern cross-dock facility in Greve, just outside Copenhagen. It will now work together with tenant Bring in Denmark to install a 1,950 m² solar cell plant on the roof of the facility. It is estimated that the solar cells will generate around 300,000 KWh of power annually.
In early 2019, groundbreaking took place for Logicenters’ modern cross-dock facility at Ventrupparken 4, Greve, outside Copenhagen, and the almost 14,000 m² facility has recently been completed. As a further step in strengthening the property’s environmental profile, Logicenters is now working with the tenant Bring in Denmark to install solar cells on the roof. In total, the solar cells will cover a roof area of 1,950 m² and it is estimated that they will generate around 300,000 KWh of power annually.
“Climate investment is extremely important to us and we always strive to be at the forefront of developments in sustainability. That is why we are proud to now be installing a large solar cell plant on our property in Greve. We are also pleased that Bring in Denmark shares our ambitions for sustainability and we look forward to making this investment together,” says Matthias Kettelhoit, Head of Logicenters.
Last year, Logicenters joined RE100 through NREP. RE100 is a global coalition committed to 100 % renewable energy. During the same period, energy audits were also conducted at several of Logicenters properties, with the results showing great potential for savings. By streamlining energy consumption at the properties, energy costs could be reduced by up to one third.
“Bring has ambitious environmental goals, working to be fossil-free in all our operations by 2025. Working with Logicenters to install Bring’s largest solar cell plant to date was therefore a natural progression for us. The facility will enable us to use direct solar power for our transport as we are also investing in electric vehicles for our distribution network,” says Jonas Olsson, facility manager at Bring in Denmark.
The solar cells on the building’s roof will have an electrical capacity of 354 KWp. The installation is being carried out by Better Energy and is scheduled for completion by the end of Q3 2020. Earlier this year, construction also began on the Nordic region’s largest rooftop solar cell plant at one of Logicenters’ logistics facilities just outside of Gothenburg, Sweden.
Logicenters and Kilenkrysset are once again working on a collaboration. Together, the parties will develop a 120,000 m2 site in Staffanstorp outside Malmö. Logicenters has the opportunity to build on 60,000 m2 of the site and the initial plans are construct a modern 24,000 m2 logistics facility next year. There are not yet any confirmed tenants.
Following several joint real estate projects, including one in Bålsta earlier this year, Logicenters and Kilenkrysset have once again decided to work together. This time it is on the development of a 120,000 m2 site in Staffanstorp outside Malmö. Logicenters will take possession of the site in early 2020 and construction can take place on up to 60,000 m2 of the total site. In the initial phase of the project, Logicenters intends to develop a logistics facility with approximately 24,000 m2 of leasable space based on speculation. Construction is to start before summer 2020 and will be scheduled for completion in early 2021.
“One of Logicenters’ primary strengths is that we are able to offer modern logistics facilities at strategically the most important locations in the regions where we have a presence. This project in Staffanstorp, with its attractive location outside Malmö and close proximity to the Continent, is further proof of this. The land purchase in Staffanstorp is an important piece of the puzzle for us and it will be fun to work on the land development with Kilenkrysset with whom we have previously successfully worked on many occasions,” says Matthias Kettelhoit, Head of Logicenters.
The site acquired is located at Västanvägen in Kronoslätt’s Logistics Park. With its proximity to Malmö and the Öresund region, the area’s geographical location is very attractive to many different types of companies. In the past, companies such as Bring Frigo, Kuehne + Nagel and Microsoft have chosen to establish themselves in the business park.
“Logicenters shares our vision of contributing to increased growth in the region, with access to smart logistics playing an important role. In August, Microsoft chose to buy from us in the same area and earlier this year we extended the lease with Alfa Laval for its head office. We are experiencing significant demand from companies wanting to establish themselves in the region so it is both gratifying and valuable to once again be entering into a partnership with Logicenters,” says Jan Persson, CEO at Kilenkrysset, who further believes that the good cooperation with Staffanstorp municipality is facilitating this positive development and space still available for smaller logistics establishments.
For the past two years, Logicenters has invested heavily in its project development department, more than doubling the number of employees. Under the leadership of the company’s Head of Development, Eva Sterner, the department will expand further and scale up initiatives in both area efficiency and environmental work. However, Eva Sterner would also like to attract more women to a male-dominated industry.
With a PhD under her belt and a background as Technical Director Due Diligence at WSP and Managing Director at Watts, Eva began working at Logicenters seven years ago. According to Eva, it is the growth journey, a steady flow of interesting projects, and above all, her colleagues who have been significant reasons behind her becoming a long-term presence at Logicenters. In recent years, both Logicenters and her own department have grown significantly. According to her, this is both because the organisation is flexible and has great ambitions, but also because Logicenters is comprised of people who are driven to do things in new and innovative ways.
Eva Sterner is currently head of Logicenters’ project development department, which has expanded from two to eight people since 2017, with further recruitments planned. Central to this future development is the continued ability to attract talent, with Eva particularly wishing to encourage more women and girls to apply to the logistics industry. An industry which has until now been male dominated.
“I am proud to work for a company with such great ambitions and which allows all its employees to grow. As I personally had no female role models in the logistics industry, I would like to be a role model for girls wanting to work at smart logistics properties. For this to be possible, female employees must be both encouraged and promoted. I believe that Logicenters does this every day, which is something I see as both modern and important,” says Eva Sterner, Head of Development at Logicenters.
The project development department has a great responsibility regarding procurement, contact with tenants, property development and the contractual parts of the works contract. The department is constantly striving to find newer, smarter ways to develop modern properties, where 30-metre high-bay warehouses and energy audits exemplify innovative initiatives from Logicenters. With regard to energy efficiency, Eva plays an important role in Logicenters’ work to reduce its carbon footprint. Something which she finds customers are appreciating more and more.
“I am finding that there is increasing focus on the environment within the industry, something which I am very pleased about. We often coach our customers on issues regarding reduced energy consumption, not least by conducting energy audits, and we are finding that we are being listened to. It is my ambition to continue to drive this development forwards in order that we can offer even smarter and more energy-efficient logistics properties with as low a carbon footprint as possible. Being able to lead this development in an organisation where both colleagues and management support my ambitions is something of which I am very proud and something that makes Logicenters an attractive workplace and company,” concludes Eva Sterner.
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 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.
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 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.
Yesterday marked the start of the construction of Logicenters’ new property in Greve, Denmark. The cross-docking facility is scheduled for tenant hand-over in 2020.
Logicenters has now broken ground on a new construction in Greve, a suburb to Copenhagen. The development is one of the first modern cross-docking facilities of its type; an added height of the building will enable two-story sorting and a 2,000 m2 mezzanine level will be fitted out as offices, future proofing the property for the long term.
”Logicenters strives to always be at the forefront of this type of property development and the facility’s specifications display the characteristics of a modern logistics facility. We are proud to be building a cross-docking facility that will reflect the logistics of tomorrow, especially in an important hub such as Greve”, says Matthias Kettelhoit, Commercial Head at Logicenters.
The facility will have a clear environmental profile and will be equipped with solar panels on the roof. Also, the safety of the employees is highly prioritised with the construction of a footbridge leading people from the car park to the mezzanine offices while avoiding any pedestrians passing the lorry terminals. The tenant, Bring Danmark, will be leasing the majority of the facility.
Logicenters continues to strengthen its portfolio in the Danish market by the acquisition of a 17,400 m2 facility in the attractively located logistics hub of Brøndby. The current tenant Mediq Danmark A/S will retain its business in the property.
As a leading owner and developer of modern logistics facilities in the Nordic region, Logicenters continues to strengthen its portfolio by acquiring a 17,400 m2 property in Brøndby – a strategically important location in close proximity to Copenhagen.
The acquisition of the property at Kornmarksvej 15 in Brøndby contributes to the existing relationship between Logicenters and the tenant Mediq. The two have a long-standing corporation in Finland with Mediq as a valued customer, and with Logicenters’ acquisition of Kornmarksvej the relationship is further strengthened.
“We are delighted with the acquisition in Brøndby, as it is a strategically located asset in an area with bright prospects. We are also looking forward to expanding our cooperation with Mediq in Denmark, which is an existing customer in Finland”, says Anders Østergaard Hansen, Investment Manager at Logicenters.
“We were pleased to learn that the future landlord of our headquarters in Denmark is a long-term owner like Logicenters, and we look forward to working with Logicenters in the future”, says Ulrik Rokkedal Therkildsen, Managing Director at Mediq Danmark.
Financing has been provided by Spar Nord and NT Advokater acted as legal advisor.