Logicenters has announced its recruitment of Søren Rodian Olsen as Managing Director in Poland. Søren has extensive experience of the Polish property market, most recently in his position as Head of Capital Markets at Cushman & Wakefield. At Logicenters, he will manage and develop the company’s portfolio in the Polish market, where it plans to expand its presence exponentially in the coming years.
Earlier in the summer, it was announced that Logicenters, together with NREP’s spearhead in customer-oriented housing, is expanding beyond the Nordic borders into northern Europe – with Poland as its first destination. To support this expansion into the Polish market, Logicenters has now recruited Søren Rodian Olsen to head up the logistics property company’s operations in the country. He joins us most recently from Cushman & Wakefield and has 19 years of experience in the Polish property market.
“I would like to warmly welcome Søren to the Logicenters team, where he will also be our very first appointment in Poland. Søren has his roots in the Nordic region, which means that he understands that sustainability is a topic which sets us apart from many other parts of northern Europe. This, combined with his many years of experience working in the Polish property sector, makes me confident that he is the right person to consolidate Logicenters’ presence in the country and to ensure our future growth,” says Matthias Kettelhoit, CEO at Logicenters.
One million square metres of logistics space within three years
Logicenters has ambitious plans to make an impact on the Polish logistics market in ESG and sustainability. Over the next three years, the logistics property company’s goal is to acquire and develop up to 1,000,000 m2 of logistics space in Poland. And just as in the Nordic region, Logicenters’ properties in Poland will be future-proofed and characterised by sustainability and quality.
“It is very exciting to manage Logicenters’ investments in Poland. I am very proud to be joining such a successful and value-driven company as Logicenters. I am now looking forward to helping Logicenters become the obvious logistics property partner in Poland by finding good solutions for potential customers and enabling for our existing customers to grow with us,” says Søren Rodian Olsen, Managing Director at Logicenters in Poland.
Logicenters is now expanding its presence outside the Nordic region with its first venture in Poland. As a leading logistics property company in the Nordic region, Logicenters is now looking to bring its successful concept to one of Europe’s largest logistics markets, focusing strongly on the long term, quality, flexibility, and sustainability.
Logicenters is continuing its expansion. The logistics facility operator is now expanding its successful logistics concept into Europe, with Poland its first target market outside the Nordic region. Poland is the fifth largest logistics property market in Europe and is also one of the fastest growing markets on the continent. In 2019, a total of 2.7 million m2 of logistics space was developed in the country. In comparison, around 650,000 m2 of logistics space was developed in Sweden – the largest market in the Nordic region – during the same period. From a geographical perspective, Poland is also ideal with good communications throughout the country, to the Nordic region and the rest of Europe.
As a first step, Logicenters has acquired the Polish company BIK SA and its current portfolio, which includes four existing properties with two potential extensions, as well as a plot of land – with the total logistics space estimated to be more than 115,000 m2. The facilities are located in the cities of Wroclaw and Katowice in southern Poland. With its high population density and large clusters of factories, the region is a strategically important location for logistics.
“We have developed our Nordic portfolio exponentially in recent years and our ambition is to continue to strengthen our presence here. But we also see Poland as a natural step forward in Logicenters’ development. This is partly because the Polish logistics market is still in its infancy and we believe there is enormous potential for us to assist in developing the logistics facilities of tomorrow in the country, and partly because many of our existing tenants already have operations in Poland. Naturally, we want to continue to support them by growing in line with their operations in both the Nordic region and Poland, something which is entirely in line with how we operate”, says Matthias Kettelhoit, CEO, Logicenters.
Focus on sustainability
Compared with many other parts of the world, the Nordic logistics market is ahead of the pack when it comes to sustainable logistics. Therefore, as it moves into the European market, Logicenters sees it as a natural step to bring its Nordic sustainability agenda along with it. And as always, the facilities will also meet high sustainability and energy efficiency requirements in Poland.
“We want to be able to develop the properties of tomorrow in such a way that they remain of a high quality for many years to come. Key to this is the development of sustainable facilities that are not only durable, sustainable and energy efficient, but also cost effective over time. We are already experiencing a high demand for more sustainable logistics, with many of our tenants requiring that the properties in which they operate meet high sustainability standards. And just as we have been leading the way towards a more sustainable transition in the Nordic logistics industry, we will also be sure to pave the way for more sustainable logistics in Poland. This is something we are convinced will benefit both business and the environment”, concludes Matthias Kettelhoit, CEO, Logicenters.