Logicenters’ facility in Vantaa, Finland, has a new tenant. The logistics property company has signed a long-term lease with Matkahuolto, one of Finland’s largest parcel services companies. The lease relates to 7,350 m2 of space and Matkahuolto is scheduled to move in September 2021.
Logicenters has now signed a lease with Matkahuolto, one of Finland’s largest parcel services companies. The lease is for a total of 7,350 m2 at Logicenters’ property at Manttaalitie 5–7 in Vantaa, Finland. Of this area, around 6,900 m2 will be used for warehouse space and the remaining 450 m2 for offices. The company is scheduled to move in September 2021.
“I would like to take this opportunity to welcome Matkahuolto to its new facility. Matkahuolto places great value on issues of sustainability, just as we do at Logicenters, where we constantly work to ensure that our operations are conducted in the most sustainable way possible. That’s why it is really great to be working with Matkahuolto and I look forward to following its development”, says Jarkko Äikää, Commercial Manager at Logicenters in Finland.
In the spring of 2019, Logicenters completed the refurbishment of its facility in Vantaa. The property underwent a complete renovation to enable it to meet the needs of future logistics operations and to reduce the facility’s carbon footprint. With Matkahuolto now moving in, further alterations are being made to the property to meet the tenant’s requirements for smooth logistics solutions.
“Matkahuolto expects continued strong growth in the coming years and we are delighted to be able to offer it a facility in which it will be able to grow. We will also be making a number of modifications to the facility. Among other things, we will design new loading areas for vans to ensure efficient and smooth logistics operations”, says Jarkko Äikää, Commercial Manager at Logicenters in Finland.
Matkahuolto does not just strive to ensure that the facility is appropriate for simple and smooth logistics operations. It also attaches great importance to ensuring that its employees have a comfortable and good working environment.
“The growth of parcels transported by Matkahuolto is expected to remain strong in the coming years as e-commerce and consumer-to-consumer trade continue to grow. The introduction of the new terminal and investing in a modern technology is part of a broader development programme that will enable Matkahuolto to strengthen its network and services in line with its sustainability programme. We value the well-being of our employees and want them to work in the most modern and functional environment possible. We are confident that Logicenters will be able to meet our expectations and we look forward to conducting our operations here in Vantaa for many years to come”, says Jari Vaino, Chief Operating Officer at Matkahuolto.
Vantaa is part of the capital region of Finland, strategically located for logistics operations, close to both the Helsinki-Vantaa international airport and the E18 European motorway.
Logicenters has announced the signing of a lease with Finnish pharmacy chain Yliopiston Apteekki in Kerava, Finland. The lease is for a logistics facility with a total area of 7,450 m2 and the tenant is expected to begin moving in during the spring of 2021.
Finland’s largest pharmacy chain, Yliopiston Apteekki, will now move into Logicenters’ facility in Kerava. This follows the signing of a lease agreement for part of Logicenters’ new facility at Karhuntassuntie 3. Yliopiston Apteekki, which will commence the process of moving in during the spring of 2021, will lease a total of 7,450 m2, of which 7,200 m2 is warehouse space and the remaining 250 m2 offices. Bufab and Dachser are already tenants in the facility and with Yliopiston Apteekkis moving in, this means that the entire property will be fully let.
“We are extremely pleased to welcome such a reputable and established company as Yliopiston Apteekki to its new facility in Kerava. Our goal is to always be able to meet the specific needs of our tenants, both before and after they move in, which we have naturally made sure to do this time as well”, says Jarkko Äikää, Commercial Manager at Logicenters.
The logistics facility will play a part in strengthening Logicenters’ portfolio in the Finnish market. The facility is strategically located in the region, close to both the international airport and the E75 motorway.
“Our e-commerce ya.fi has grown strongly and we are very committed to serve our customers in fast, flexible and efficient way. We did an extensive search of suitable locations for our new logistics facility and providors that meet our needs and sustainability targets. We are therefore looking forward to cooperating with Logicenters and are also looking forward to moving into our new premises”, says Kimmo Virtanen, CEO of Yliopiston Apteekki.
With the ambition to switch to 100 percent renewable electricity in its operations before 2025, Logicenters is now ramping up its efforts by installing solar panels on six more of its facilities. This means that Logicenters will be doubling the number of solar plants compared to today. It is estimated that the solar panels will generate a total of 9 gigawatt hours of electricity annually.
Logicenters has recently signed an agreement to install solar plants at six of its facilities across the Nordic region. Logicenters currently has solar plants on seven of its properties. With the installations now being carried out, Logicenters will be doubling the number of solar plants installed on its facilities. It is estimated that the solar cells will have a total capacity of up to 10,000 kWp and will produce 9 gigawatt hours of electricity on an annual basis. This is equivalent to the energy required to supply 1,800 homes with electricity for an entire year.
For example, Logicenters and its tenant Speed Group are currently installing the Nordic region’s largest rooftop solar plant in Borås, Sweden. At this property alone, the solar cells cover a roof area of 60,000 m2 and have a capacity of 5,000 kWp.
“We are very pleased to be managing this sustainable transition in the logistics industry. It is of the utmost priority to us that we reduce our climate footprint as much as possible while simultaneously securing the future energy needs of our tenants. By installing solar cells on our roofs, we can also utilise very large areas not normally in use, instead of taking up land that may be better suited for other things”, says Matthias Kettelhoit, Head of Logicenters.
As the leading developer and owner of modern logistics facilities in the Nordic region, Logicenters also wants to manage the transition to renewable energy within the logistics industry. Through NREP, Logicenters has become affiliated with RE100, a global coalition of companies committed to renewable energy. Consequently, Logicenters is undertaking to switch to using 100 percent renewable electricity throughout the company’s property portfolio before 2025.
“Solar cells are just one part of our comprehensive sustainability work. We are also maintaining an ongoing dialogue with our tenants regarding the implementation of energy efficiency measures that will also mean significant potential savings for them,” says Karin Sjövall, Head of Sustainability at Logicenters.
Global trading company, Bufab Finland Oy, has moved into Logicenters’ property in Kerava, just outside Helsinki. The long lease agreement is for a 5,000 m2 logistics property and 750 m2 of office space.
Bufab Finland Oy, the market-leading supplier of components to the global manufacturing industry, has now signed a long lease with Logicenters. The lease agreement is for a total of 5,750 m2 of the logistics property company’s modern logistics property in Kerava, Finland, just outside Helsinki. Of this space, 5,000 m2 is for a warehouse and the remaining 750 m2 will be the company’s Finnish head office.
“It is very gratifying that we can support Bufab in its continued growth and that they have chosen to move into our property in Kerava. We have previously enjoyed a successful collaboration with Bufab in Vantaa, where they were our tenant. So, it feels great to collaborate once again and we would like to warmly welcome them to their new logistics property,” says Jarkko Äikää, Commercial Director, Logicenters Finland.
Geographically speaking, Kerava is optimally located for logistics operations and is a strategically important location in the Helsinki region. Its proximity to Savio railway station also provides excellent commuting options to and from Helsinki.
“It is great to have moved into our new modern property in Kerava. It is located in an attractive area with outstanding transport links, something we value greatly. We would also like to thank Logicenters for an excellent collaboration,” says Juha Kankaanpää, CEO of Bufab Finland Oy.
Logicenters is beginning 2021 with increasing of pace and strengthening the development team through key recruitment. The logistics property company has recruited Sanna Vikström in the role of Development Manager for Logicenters in Finland. Sanna has substantial experience in project development, having most recently worked as a construction project director at Sitowise Oy. Logicenters has also recruited for several posts to the Swedish office.
Logicenters has high ambitions and is kick-starting 2021 with key recruitment. During the past year, Logicenters in Finland has implemented new developments in Kurikantie, Pirkkala, and now has a number of projects in the start-up phase. In order to support the high rate of growth, the logistics property company has recruited Sanna Vikström as Development Manager in Finland. Sanna has a wide range of experience in project development, having most recently worked as a construction project director at Sitowise Oy. She will now become a key member of Logicenters’ team, continuing to promote the investments in Finland.
“The demand for modern logistics properties are growing and we are constantly looking for experienced people to join us. This is why Sanna is a very valuable recruit. With her extensive experience in project development, she will form an important piece of the puzzle in our future expansion. I would therefore like to warmly welcome Sanna and I look forward to working with her to take Logicenters forward,” says Eva Sterner, Head of Development at Logicenters.
Sanna will be responsible for Logicenters’ development team in Finland. This covers everything from dialogues with the municipalities regarding local management plans and building permits, identifying land for potential new development projects to being responsible for procurement. An important part of the work will also involve maintaining an active dialogue with Logicenters’ tenants.
“Joining such a successful and leading company as Logicenters is something I am very pleased and proud of. Logicenters’ expansive development is an indication that it is an ambitious company that is rapidly expanding its market share and growing. I am therefore very much looking forward to working with my new team to continue promoting Logicenters’ project development,” says Sanna Vikström, Development Manager, Logicenters Finland.
In addition to Sanna in Finland, Logicenters has also made three other important recruitments in Sweden, which is also a rapidly growing market. Rebecca Axelsson joins the Swedish office as an architect together with Peter Zekovic and Johan Bäcklund, who will both be assistant project managers.
Logicenters has continued to strengthen its portfolio in the e-commerce sector by signing an agreement with e-retailer Finnish Design Shop. The agreement includes the construction of a new logistics facility in Turku, Finland. The property will be 12,000 m2 in size and ready for occupancy in 2021.
Logicenters is continuing to establish itself as the obvious partner for e-commerce companies in the Nordic region. Most recently, the logistics property company has signed an agreement with Finnish Design Shop. The agreement includes the development of a new, modern 12,000 m2 logistics facility in Turku, Finland, which is expected to be completed in late summer 2021. Logicenters will develop the property in line with the e-retailer’s specific needs. Included in the agreement with Finnish Design Shop is the development of a modern high-quality office, which also incorporates a showroom.
“We are extremely pleased to welcome another e-commerce company to our properties. The fact that it is such an established player as Finnish Design Shop is, of course, a real feather in our cap. We are constantly striving to be as flexible as possible and to adapt our properties to our customers’ specific needs, something which we are certainly achieving this time. We pride ourselves as being present throughout the customer’s onward journey, both before and after they move in,” says Jarkko Äikää, Commercial Director Logicenters Finland.
The facility will also focus significantly on sustainability, with geothermal energy being used to heat the property. There will also be an option to use self-generated solar power. During construction, Logicenters has also committed to preserving as much of the forest adjacent to the property as possible.
“It is really exciting to have finally concluded an agreement with Logicenters. We look forward to moving into our new facility that has been well adapted to our needs and will enable us to conduct our fast-growing business as optimally as possible. We would like to thank Logicenters for their outstanding collaboration and focus on sustainability, which is so important to us,” says Teemu Kiiski, CEO, Finnish Design Shop.
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).
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 now signed a lease with PostNord Oy in Finland. The lease includes the development of a 4600 m² parcel sorting facility in Kurikantie, Pirkkala. The facility is scheduled to be ready for occupation in early 2021 and will also include expansion options of 2000 m². The real estate developer is also planning to develop an additional 7000 m² warehouse onsite.
Logicenters is continuing to develop and expand its presence at strategic logistics hubs in the Nordic region. It has now signed a new lease with PostNord Oy in Pirkkala, Finland. In accordance with the lease, Logicenters will develop a 4600 m² parcel sorting facility in Kurikantie which is scheduled for completion in the second quarter of 2021. The facility will also be prepared for potential development on a 2000 m² extension. The logistics property company will also develop a 7000 m² detached warehouse onsite.
“It is great that such an established company as PostNord Oy is choosing to move into our upcoming sorting facility in Finland. The lease is an exciting commission where Logicenters will use its collective skills to develop a modern facility with a high environmental performance. We are confident that PostNord Oy will thrive in its new facility,” says Matthias Kettelhoit, Head of Logicenters.
The ambition is to heat the facility using geothermal energy and that the electricity is to be supplied by solar power. Logicenters focuses on and is at the forefront of developing sustainable buildings with a low carbon footprint and reduced energy consumption.
“We are renewing our logistics network so that we can deliver shipments faster and more responsibly to the whole of Finland. With this solution, we will significantly strengthen our competitiveness and agility to operate in an ever-changing logistics market. We thank Logicenters for their flexible cooperation and we look forward to moving into our new property,” says Jani Ståhlhammar, COO at PostNord Oy in Finland.
NREP Logicenters, a leading Nordic real estate investor and developer, and QHeat, a next-generation energy company, have completed their joint pilot project to build a deep geothermal well in Espoo, Finland. The pilot aims to provide a near zero-emission energy solution that can produce up to 40 times more heat energy than traditional ground heat.
NREP Logicenters and QHeat’s pilot project on a deep geothermal well has been completed at NREP Logicenters’ logistics property in Koskelonkuja, Espoo. The pilot is Finland’s first functional geothermal heating plant that can heat as well as cool large property complexes in a nearly emission-free manner.
The deep geothermal well, located on NREP Logicenters’ property, is approximately one kilometer deeper than a regular geothermal heat pump, which enables greater production of energy. The well, which was taken into use in January, is 1,300 meters deep and is estimated to produce more than 1,000 MWh of heat energy per year, which equals the heat consumption of approximately three apartment buildings. The well covers 60–80 percent of the 16,000 m2 logistic property’s heating. In addition, QHeat’s technology enables the property’s cooling during the summer.
“The heating of buildings represents approximately one fourth of the total energy consumption in Finland, and most of this energy is produced with fossil fuels. The only way we can reach our goal of using only renewable energy in our properties is to pilot and scale new solutions such as this one,” says Jani Nokkanen, CIO and partner at NREP.
The drilling of the deep geothermal well began at the end of July 2019, and the well’s heat production began in January 2020. The pilot is part of the Smart Otaniemi innovation ecosystem and received nearly half of its funding from Business Finland.
“We are excited to put into operation Finland’s first functional geothermal heating plant. We are grateful to Business Finland and NREP for funding this pilot. We believe that this technology has significant export potential as a solution to decrease emissions from heating and cooling,” says Miska Eriksson, QHeat’s CEO.
The energy production of NREP Logicenters’ deep geothermal well will be tested during spring and the company aims to utilize the technology also in its other properties.
“QHeat’s technology has great potential, as it enables emission-free geothermal heat also in densely built urban areas. We have already identified large projects in the Helsinki Metropolitan Area in which we would like to scale the technology,” Nokkanen continues.