Norway Archives

Logicenters acquires two properties in the logistics hub of Berger

November 17, 2025 1:44 pm Comments Off

Logicenters, a leading European investment manager within urban development, has through the NSF V fund completed the acquisition of two logistics properties in Berger from funds managed by Blackstone.

Berger, located in Akershus, is one of the most established logistics hubs north of Oslo, and the acquisition marks a new strategic step for Logicenters in Norway within logistics. It strengthens the company’s presence in the region and underlines its focus on attractive logistics assets across the Nordics. The properties will be managed by Logicenters.

Logicenters currently manages approximately 340,000 m² across 20 logistics centres in Norway. Over the past decade, Logicenters has been one of the most active developers of modern logistics properties, with more than 60 completed projects and 1,700,000 m² of developed space.

“We are very happy with the acquisition of two attractive properties in the Greater Oslo region which strengthens our footprint in prime locations where we see strong tenant demand,” says Jørgen Bråten Nordby, Head of Logicenters Norway.

The properties, located at Fjellboveien 6–8–10 and Fjellboveien 9, total nearly 19,000 m² and are fully leased to solid international tenants on long-term agreements.

Berger is an attractive logistics location in Oslo’s northern logistics corridor near the main highway E6, which runs from Oslo to Gardermoen and further through Norway, with an estimated reach of more than one million people within a 60-minute drive.

NREP Logicenters welcomes new tenant to Moss

September 15, 2025 12:39 pm Comments Off

This summer, a new tenant signed a lease agreement for 22,000 square meters with NREP Logicenters in Moss. The move-in will take place in two phases, with the tenant having already taken over parts of the premises in August and the remaining areas being handed over in the fourth quarter of 2025.

The property comprises 22,000 square meters of modern logistics space built according to NREP Logicenters’ own developed requirement specification – with optimal bay spacing, high floor bearing load combined with 22 loading ramps and spacious truck yard area to ensure efficient logistics operations.

The property is located just three minutes from the E6, Norway’s main north-south transport corridor. With its size, functionality and short distance to the main highway, the location serves as an ideal hub for regional and cross-border distribution. The property meets high sustainability standards and is certified Very Good according to the latest BREEAM NOR standard.

– We are proud to expand our collaboration with the tenant by welcoming them to Moss, having previously developed for them in both Sweden and Denmark. This lease agreement confirms that our product, both in terms of location and quality, satisfies the most professional logistics companies in the Nordics, says Jørgen Bråten Nordby, Head of NREP Logicenters Norway.

NREP Logicenters has an additional 22,000 square meters of development potential remaining on the site, which is expected to be developed within the next 12–18 months.

Two new tenants for Nrep Logicenters in Trondheim

September 10, 2025 7:11 am Comments Off

The logistics companies IPS Nordic AS and Litra have signed a lease agreement with Nrep Logicenters for a property at Løvåsmyra in Trondheim, Norway. The property was acquired in 2022, and the move-in marks a new step in Logicenters’ growth journey in the Norwegian market.

– The property has a prime location with excellent logistics conditions, which attracts strong players. We wanted to establish a service center in Trondheim due to the good growth opportunities, and this modern combination property suited us well, says Per Karlsen of IPS Nordic.

Løvåsmyra 8 is strategically located with strong exposure to the E6, only 15 minutes from Trondheim city center and just two minutes from the nearest highway entrance. The location is particularly suitable for last-mile logistics, enabling efficient service to Trondheim and the surrounding regions.

– We continue to see strong demand for modern logistics properties in Norway, and Løvåsmyra 8 is an excellent example of the solutions we can offer our tenants. We are very pleased to enter a long-term lease with two solid logistics and transport companies, IPS and Litra, says Jørgen Bråten Nordby, head of Logicenters Norway.

Logicenters and OAC enter large partnership in Gardermoen

December 17, 2024 8:07 am Comments Off

Logicenters, Nrep’s logistics platform and Oslo Airport City (OAC) have entered into an agreement to establish a joint venture (JV) and partnership to develop OAC’s Logistics Park in Gardermoen Næringspark, North of Oslo. The area was detail zoned this summer, and the collaboration includes land of approximately 480,000 m² and a buildable area of approximately 353,000 m².

The aim is to develop modern and attractive logistics and warehouse buildings over the next few years. OAC and Nrep Logicenters are already in dialogue with several potential tenants for upcoming development projects.

“Gardermoen has long been a very interesting area both for us and potential tenants, and we are very pleased to finally announce a partnership with OAC. We look forward to a collaboration where we complement each other well, and to be able to offer tenants an exciting range of logistics and warehouse properties in Gardermoen with a high sustainability profile”, says Jørgen Bråten Nordby, Country Head of Logicenters Norway.

Gardermoen has established itself as Norway’s most attractive logistics and distribution hub, with immediate proximity to the airport and main roads. The land bank is centrally located in Gardermoen Business Park and is one of Norway’s largest development areas – a highly strategic choice for Logicenters’ expansion. Logicenters has a considerable land bank south of Oslo and will with this strategic partnership have strong presence in the North-axis as well.

“The Logistic Park is one of the few remaining large development areas for logistics, storage and wholesale in Greater Oslo. Logicenters is one of Northern Europe’s absolute best and largest developers of such properties, which have gradually become a very large and important segment within commercial property”, says Henrik Danielsen, CEO at Oslo Airport City.

Today, there are close to 280,000 m² of logistics, storage and wholesale in Gardermoen Business Park – and a further 100,000 m² are under development. Well-known tenants include COOP, Porsche, Mowi, Felleskjøpet, One Med, GF Logistikk, Møller, Grieg Seafood, Volvo and Sport 1.

Logicenters makes a major investment in Moss by acquiring Marine Trading AS

January 16, 2024 8:37 am Comments Off

Logicenters continues its commitment in Moss and has entered into an agreement with Gudmund Harlem to acquire the company Marine Trading AS. The transaction involves the acquisition of all nine logistics properties owned by Marine Trading AS in Moss, along with a significant land bank in Våler Næringspark.

In the spring, Nrep secured the largest European value-add real estate fund ever with over 40 billion Norwegian kroner in equity capital, intended for investments in the Nordic and Northern European regions. In May, it was also announced that the fund’s Norwegian venture acquired two central office properties from Entra for 1.5 billion Norwegian kroner. Now, we can announce that another significant transaction has taken place in Norway with the acquisition of the logistics developer Marine Trading AS.

”Marine Trading AS properties fit well into our Northern European portfolio, with flexible buildings suitable for both large and small logistics tenants. Logicenters has great confidence in Moss as a logistics hub with proximity to the European road and port, as well as attractive access to qualified labor. The properties we acquire also have some environmental qualities and a good foundation to build on, aligning with our focus on sustainability”, says Jørgen Bråten Nordby, Investment Manager and Portfolio Manager at Logicenters in Norway.

The acquisition is a strategic step to increase Logicenters presence in the logistics sector in Norway and ensures more land to continue developing logistics properties south of Oslo. Logicenters is currently building a logistics facility of over 20,000 m² in Moss on speculation and is expanding its portfolio in the area.

“We at Logicenters are very pleased with our continued investment in Norway. The acquisition of this portfolio is excellent as it allows us to further develop our business. We have great confidence in Moss as a competitive and cost-effective alternative to Vestby. This also aligns with our commitment to offer and develop modern and sustainable logistics solutions for our tenants. The combination of several existing buildings and land fits well with our strategy to continuously facilitate the growth and changing needs of our tenants”, says Matthias Kettelhoit, CEO at Logicenters.

Logicenters is pleased to acquire nine good properties with a total of 78,000 m² of logistics and simultaneously enter a collaboration with Gudmund Harlem, who becomes a co-investor and will take on an operational role to assist with leasing and further development of the land bank.

“I have had a close and good collaboration with Marine Trading AS for several years to develop the commercial real estate portfolio they have. Together, we have managed to establish many stable tenants in both existing buildings and those that have been erected in recent years. Through this process, I agreed with Svein Willadssen that the time was right to hand over the real estate portfolio to a larger player to further develop the company. I want to thank the team at Marine Trading AS for a close and good collaboration in the process, and I will continue the good work they have done with both the properties and, above all, the close relationship they have had with their tenants and partners”, says Gudmund Harlem.

“After developing our commercial real estate portfolio for over 20 years, the time was right to hand over the continued development of the real estate portfolio to others. Through a good collaboration with Gudmund Harlem over several years, it was natural to initiate a dialogue with Gudmund to hand over our properties to a larger player to further develop the portfolio. I believe that the new owners will manage the properties in a way that will be positive for both our local partners and new and existing tenants. I hereby wish everyone involved good luck and a good collaboration in the process. A special thanks to BDO Østfold, which has assisted us in the process”, says Svein Willadssen, owner of Srw AS.

Nrep Logicenters strengthens its sustainability through one of Norway’s first BREEAM Excellent certified logistics properties

November 8, 2023 9:49 am Comments Off

Nrep Logicenters property in Norway, with Oda as a tenant, has achieved BREEAM Excellent certification – an environmental assessment method and certification scheme for buildings. The certification approves the environmental profile and the commitment to minimize the impact on the environment throughout the property’s value chain.

In 2022, Nrep Logicenters took over the property of approximately 18,500 m² from Eneo Eiendom, with Panelbygg as the contractor, and Eneo Eiendom as the developer until the completion of the building.

Oda’s warehouse is one of Norway’s most modern and efficient logistics properties. The building is now one of the first in the country to be certified with BREEAM Excellent In Use and has an energy class A rating. The facility is Oda’s second distribution center in the Østlandet region and is designed for high inventory turnover and efficient delivery to customers in the area.

The state-of-the-art building places a strong emphasis on energy recovery with its own energy center featuring a CO2-based cooling system, where excess heat is recycled and used for heating the building. Additionally, the roof and large parts of the facade are covered with solar power installations, estimated to produce approximately 1,150,000 kWh of energy annually.

“We have focused on the reuse of building materials. With our solutions for energy production and energy recovery, we have secured BREEAM Excellent certification for the building“, says Morten Hotvedt, CEO of Eneo Eiendom.

Today, the real estate sector accounts for 40 percent of global greenhouse gas emissions. Properties in locations that allow for efficient logistics systems with reduced transportation time, lower energy consumption, and the production of renewable energy are essential to reducing emissions.

“Oda has a clear focus on sustainability. This reflects our ambition to be emission-free in the construction and operation of our buildings by 2028. Part of the ambition with this purchase was to maximize the use of the building’s facade for solar energy production. The BREEAM Excellent certification shows that we are one step closer to achieving our ambition“, says Kristian Aarflot-Nyrud, Asset Manager at Nrep.Formulärets överkant

A BREEAM Excellent certification applies to the entire building, not just individual products or materials. Therefore, the certification also sets requirements for good indoor air quality, lighting conditions, non-toxic materials, and other health-promoting measures that make the building a pleasant place to be.

“It has been important to us that our warehouse has an environmental profile in line with the values we have as a company. We are pleased that the warehouse not only has a very good environmental profile, which the BREEAM Excellent certification underlines, but that Nrep’s and Eno’s values and climate ambitions also reflect our own”, says Tor Erik Aag, board member and acting head of Norway at Oda.

Logicenters signs lease for 17,800 m2 logistics building with Vinhuset in Vestby

April 3, 2023 6:34 am Comments Off

At the Vestby Logistics Park, south of Oslo, NREP Logicenters has now signed a lease agreement with Vinhuset, which is owned by NorgesGruppen. The object of the lease is the 17,800 m² logistics facility Stormåsan 42.
Vinhuset expects to take up residence in September 2023.

It has been announced that Logicenters has signed a lease agreement with Vinhuset Vestby Logistics Park in the Oslo region. The long-term lease agreement is for 17,800 m² in one of Logicenters’ newly developed properties in Vestby, Stormåsan 42. Vinhuset will lease the entire property, totalling 17,800 m². The plot as a whole measures 27,000 m².

Since 2018, NREP Logicenters has developed a total of 135,000 m² of BTA logistics buildings in Vestby, spread across sites measuring 260,000 m².

NREP Logicenters has leased out all its property in Vestby and is now on the lookout for new development opportunities in the region.The lease was signed just before the end of the year, but for the sake of employees and customers has not been made public until now. The property will be very well adapted to Vinhuset’s operations and equipped for future growth. The building will have a clear environmental profile, certified BREEAM Very Good. Solar cells will be installed on the roof and there will be a charging station for electric trucks and cars.

“We would like to thank NREP Logicenters for ensuring that everything ran smoothly up to the signing of the lease and we look forward to moving into an efficient new, modern building adapted to the future and our needs at the end of the summer. It was important to us to find a building with an excellent environmental profile with solar cells on the roof and the opportunity to charge electric trucks. The choice of Vestby as our location was a natural one as several of our partners are located in the area,” says Stig W Jørgensen, CEO at Vinhuset.

“NREP Logicenters is happy to be adding Vinhuset to our portfolio! Vinhuset and NorgesGruppen are companies with very similar values to NREP when it comes to sustainability. It was our ambition to achieve BREEAM Excellent, but that was not possible since there has been cultivated land on the site in the past. We are committed to connecting with solid growth companies and it is our strategy to be a growth partner for our tenants,” says Ruben Krantz Kringstad, Commercial Manager with responsibility for leasing and commissioning of new builds at NREP Logicenters.

Vestby Logistics Park is strategically located alongside the E6 motorway en route to Oslo. The area also has excellent transport links thanks to its proximity to the ports in Moss and Göteborg.

Logicenters’ existing tenants in Norway include Schibsted, HeltHjem Netthandel, New Wave Morgenlevering, Oda, Coop, Maske, Malomo 3PL, Foodbroker, Domstein, Barnas Hus, GPA, Movement, NTEX, Filetfabrikken, Andvord and Prime Cargo.

Logicenters to install solar cells across 800,000 m2

February 10, 2023 7:35 am Comments Off

Logicenters is continuing to concentrate on a sustainable future. To lead the move towards a carbon-neutral sector, the company has decided to more than double its ownership of solar cell installations in the coming years.

With a sustainability goal to be completely carbon neutral by 2028, Logicenters has decided to pioneer the use of renewable energy at its facilities.
The decision has been made to cover roofs with solar panels on all new builds and to install them on existing roofs where possible.

In total, Logicenters aims to install around 800,000 m2 of solar cells over the next three years. This area is equivalent to a total of 133 football pitches. In total, this investment would generate potential annual production of 85,000 MWh, sufficient household electricity for more than the whole of Östersund (24,290 households).

“The logistics property sector has the necessary conditions and therefore a responsibility to take a leading role in the expansion of solar energy on our large roof areas. We are also building for tomorrow, when solar power will be used to charge the electric distribution vehicles of the future. It is here that we at Logicenters feel we can make a big difference,” says Jon Malmsten, solar energy expert at Logicenters.

Over the last year, this ambitious solar cell strategy has already seen construction of the largest roof-mounted solar plant in the Nordic region, covering 80,000 m2. The plant was built for Dagab in Bålsta and is set to become operational in March.

“For me, it goes without saying that we should continue our commitment to solar energy for a carbon-neutral tomorrow. The property sector continues to account for 40% of global emissions and there is an urgent need to find better ways both to develop and to operate properties. Everyone must assume responsibility and it is our ambition to be at the forefront of the Nordic market,” says Matthias Kettelhoit, CEO of Logicenters.

Logicenters develops property in Moss

February 7, 2023 7:29 am Comments Off

NREP Logicenters has recently acquired 75 000 sqm in Moss, Norway. The plan is to start construction of 20 -25 000 sqm.

In January 2022, Logicenters signed a purchase agreement for a site in Moss, Norway for a total of 75 000 sqm, with takeover after compeltion of development. The site was ready in Q4 2022, and now the logistics real estate operator plans to start construction.

The company shall, without a tenant, begin the development of 20-25 000 sqm on speculation, with the aim of leasing the facility to one or more tenants during or after the construction period.

“We have rented out our entire portfolio of existing properties and want to add more square meters to the portfolio to be able to offer tenants a finished, modern and tailored product”, says Ruben Krantz Kringstad, commercial manager at Logicenters.

Logicenters plans for the property to be completely ready in mid-2024.

Logicenters acquires food distribution property in south-Oslo region

December 14, 2022 12:26 pm Comments Off

Logicenters continues growing in Norway. The logistics property operator has acquired a fully let distribution facility of 5,900 m2 in Drøbak, just south of Oslo, with a plan to further develop the property.

Last week Logicenters announced its expanding presence in Norway through the acquisition of a last mile property in Skytta, just north of Oslo’s city limits. The logistics property operator’s investment around the capital area continues as it has now acquired a fully let facility in Drøbak, in the south corridor to Oslo.

Logicenter’s new property, Holterkollveien 3, of 5,900 m2 is already fully let, but holds the possibility of further developing more logistics premises on the property. Logicenters plans to start development within the next two years.

“We at Logicenters are very pleased to be able to continue our investment in the Norwegian logistics market, where the Oslo region is the country’s primary starting point. The proximity to the southbound route to Sweden is a great fit for tenants with cross-border operations in Sweden,” says Matthias Kettelhoit, CEO at Logicenters.

The property is used as a food-distribution facility, currently let with the long-term tenant Foodbroker AS who is a part of DLVRY Group.

“Holterkollveien 3 is a great acquisition for our strategy in the Norwegian market. It is a high- quality property with development potential in an attractive location south of Oslo. We see high tenant demand for quality properties around Oslo and we hope that this will be one of many acquisitions in the region in the future“, says Jørgen Bråten Nordby, Investment Manager at Logicenters.

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