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• Southbay and Nrep Logicenters form new strategic joint venture for logistics development in Sweden – launching with a major brownfield investment in Malmö

  September 2, 2025 8:34 am Comments Off on Southbay and Nrep Logicenters form new strategic joint venture for logistics development in Sweden – launching with a major brownfield investment in Malmö

  With some of the Nordic region’s most experienced professionals in their teams, Southbay and Nrep Logicenters are now joining forces in a strategic joint venture focused on new development projects in the Swedish logistics market. The partnership, built on a long-standing relationship between the parties, combines financial strength, proven execution capability, and deep expertise in modern logistics across the Nordics. The collaboration will be initiated with a brownfield project in Norra Hamnen, Malmö.

   

  The JV is led by Matthias Kettelhoit, former CEO of Logicenters. Matthias brings extensive experience from the logistics industry, both from the operator side as Business Director at Schenker and CEO of Aditro Logistics, as well as co-founder and CEO of Logicenters. The partners’ initial target is to establish a portfolio of logistics properties in Sweden with a total property value of approximately SEK 3 billion. The focus is on modern, flexible, and long-term sustainable facilities that meet both current and future operational requirements and logistics needs.

   

  The JV partners are Nrep and Southbay. Real estate investor Nrep has the well-established logistics platform Logicenters, with more than 1.3 million sqm of logistics properties in Sweden. Southbay is a real estate investor founded in 2024 by Nrep’s co-founder Rickard Dahlberg, together with Felix Paljak, Erlendur Hilmarsson, Johanna Wollgård and Tanja Vucetic. The parties and their teams have a long-standing relationship, and logistics specialist Matthias Kettelhoit now heads the joint venture with the mandate to identify, acquire, and develop projects across Sweden.

   

  “We have entered this partnership with a clear common ambition: to become a leading force in the development of modern logistics properties in Sweden. The combination of Southbay’s and Nrep’s market-leading expertise, resources, and local presence gives us a unique ability to act faster and more flexibly than many other players,” says Matthias Kettelhoit, responsible for the joint venture between Southbay and Nrep.

   

  As their first joint project, the parties have acquired the property Värmet 3 in Norra Hamnen, Malmö, one of the Öresund region’s most attractive logistics locations with proximity to the port, motorway network, and international transport flows. The existing industrial buildings on the site will be replaced with two state-of-the-art logistics facilities totalling approximately 40,000 sqm GFA. The projects will be developed to the highest environmental standards and with full flexibility to meet tenants’ specific requirements. Construction is planned to begin in 2026 and will proceed in phases in line with lease signings.

   

  “The partnership with Nrep gives us a unique platform to scale up our development activities in Sweden, while also ensuring natural risk diversification as we combine our resources across a larger number of projects,” says Felix Paljak, CIO and Partner at Southbay.

   

  “We are pleased to start a close collaboration with Southbay through a first investment with significant potential. We share the same views on quality, sustainability, and long-term value creation, and we look forward to jointly developing some of Sweden’s most sustainable logistics properties,” says Kristoffer Sandberg, Head of Investments Logicenters, Nrep.

• Logicenters’ groundbreaking logistics facility nominated for MIPIM Awards

  February 7, 2025 8:30 am Comments Off on Logicenters’ groundbreaking logistics facility nominated for MIPIM Awards

  Logicenters’ sustainable logistics project in Bålsta has reached the finals of the prestigious MIPIM Awards – as the only Swedish entry in the Best Industrial & Logistics Project category.

   

  By combining innovative design with sustainable materials, the project has achieved an exceptionally low carbon footprint of 2.7 kg CO2/m²/year while also creating a work environment that promotes both employee well-being and biodiversity.

   

  According to Logicenters, the facility is the world’s largest hemp-insulated logistics building and the first of its kind to extensively utilize bio-based materials. Featuring a wooden frame and hemp-insulated wall panels, the project has successfully reduced emissions by 88 percent compared to traditional building materials. The total climate impact is also half that of SGBC’s threshold for NollCO2 certification.

   

  – Our innovation project in Bålsta gaining international recognition with a MIPIM Awards finalist position is a great honor. The nomination reaffirms our commitment to reducing carbon emissions in the built environment and demonstrates that sustainability and efficiency can go hand in hand, says Eva Sterner, Head of Development at Logicenters.

   

  The project has also placed great emphasis on creating a pleasant and inspiring work environment. The site features lush green recreational areas, a stormwater pond, and an architecturally designed wooden pavilion, contributing to both biodiversity and increased employee well-being. Additionally, the wooden construction enhances indoor air quality, creating a warm and calming atmosphere.

   

  The MIPIM Awards highlight the world’s most innovative and sustainable real estate projects that shape the future of the industry. Winners across eleven categories will be announced on March 13, 2025, at the MIPIM Awards Ceremony in Cannes.

• Edström Logistics becomes new tenant at Logicenters in Brunna

  September 21, 2023 11:08 am Comments Off on Edström Logistics becomes new tenant at Logicenters in Brunna

  Logicenters property of 18 900 m² in Brunna Logistics Park is joined by a new tenant. From autumn 2023, the logistics company Edström Logistics will move into Logicenters modern facility on Mätarvägen.

   

  Now it is clear that the logistics company Edström Logistics will become a new tenant and move into Logicenters newly developed property in Brunna Logistics Park. It is a long-term agreement of 18 900 m² with special premises for handling dangerous goods.

   

  ”We are very happy about our long-term collaboration with Edström Logistics and welcoming them to our property in Brunna Logistics Park. We have followed them through decades, and we are impressed over their ability to develop with stability, where we, through our property, make it possible to lay the foundation for their continued strong growth”, says Fredrik Nygren, Commercial Manager at Logicenters.

   

  Brunna Logistics Park’s geographical conditions are well suited for warehouse and logistics operations. The strategic location close to Stockholm and E18 enables smooth deliveries and easy accessibility for customers and employees.

   

  “We are enthusiastic about our expansion in Brunna Logistics Park. We are aware of a rapidly changing logistics industry and a growing demand, as well as the constant growth of our company. Therefore, the move to a modern and specially adapted property enables us to continue to be one step ahead and offer even more efficient and tailored service to our customers”, says Mathias Niebel, CEO at Edström Logistics.

   

  Edström Logistics will move to Logicenters property during autumn 2023, which means that all 29 000 m² are fully leased out.

• Logicenters develops logistics property for Frigoscandia in Hyllinge

  August 21, 2023 8:59 am Comments Off on Logicenters develops logistics property for Frigoscandia in Hyllinge

  The development is underway for the new logistics property that Logicenters is developing for Frigoscandia in Hyllinge. The property’s storage area spans 36,000 m² and will be specially tailored for storage of food in multiple temperature zones. The facility is expected to be completed by the end of 2024.

   

  The logistics real estate operator Logicenters continues to expand its presence in Skåne county. In a new agreement with Frigoscandia, who previously operated at Landskronavägen in Helsingborg, Logicenters is now constructing their new logistics property in Hyllinge. Frigoscandia’s new facility will have capacity for refrigerated, frozen and dry goods. The property is located just outside Helsingborg, directly adjacent to both the E4 and E6 highways.

   

  ”We are thrilled to announce that the development for Frigoscandia’s state-of-the-art logistics facility has begun. It will be one of the largest refrigerated and frozen storage facilites in Sweden. The facility will serve as Frigoscandia’s future hub for the entire southern region of Sweden”, says Matthias Kettelhoit, CEO at Logicenters.

   

  The new 3PL center will be an energy-efficient facility featuring solar panels across the entire roof. The facility is being constructed in alignment with Logicenters ambitious sustainable profile, with the goal of achieving BREEAM Excellent certification for the property.

• Logicenters continues to expand – Strenghtens the team in several countries

  June 22, 2023 7:24 am Comments Off on Logicenters continues to expand – Strenghtens the team in several countries

  Logicenters is continuing its journey of expansion and has now recruited twelve new colleagues in various business areas in Sweden, Denmark, Finland and Germany. The company develops, owns and manage over two million square meters of logistics area in multiple countries and have plans to expand even further.

   

  The logistics property company Logicenters has grown steadily since 2005 and is today one of the largest providers of modern logistics properties in the Nordic region. The company is established in Sweden, Norway, Denmark, Finland, Poland, and Germany. Over the past decade, Logicenters has completed numerous projects and over 600 000 square meters of logistics area. The company has high ambitions to further expand in all countries and has now hired twelve new employees to meet the growth.

   

  “We are thrilled to see our team grow and that Logicenters attracts such competent individuals. I look forward to continuing the work towards our ambitious goals together with the new employees. With these recruitments, the company will be strengthened, and they will of course be of great help when Logicenters continue its journey of growth. However, we do not stop here, as we are still on the lookout for new recruits and hope to find more excellent candidates“, says Matthias Kettelhoit, CEO of Logicenters.

   

  Logicenters new recruitments in 2023

  General Manager

  Martin Ohly, Germany

  Development Manager

  Antti-Pekka Valli, Finland

  Asset Management

  Sofie Nyberg, Sweden
  Alexander Kronberg, Sweden
  Nicklas Witten, Denmark

  Commercial Manager

  Samuel Norman, Sweden

  Commercial Development

  Hanna Sundberg, Sweden

  Development Controlling (Finance)

  Emma Gertman, Sweden

  Architect

  Albine Lundin, Sweden
  Hanna Isaksson, Sweden
  Louise Carnefjord, Sweden

  Transactions

  David Nordström, Sweden

• Logicenters acquires 23,040 m2 property in Götene

  March 9, 2023 7:37 am Comments Off on Logicenters acquires 23,040 m2 property in Götene

  Logicenters has signed an agreement to acquire a logistics facility in Götene, located alongside the E20 just outside Lidköping. The facility has a total leasable area of 23,040 m² with baby food manufacturer Semper as the tenant.

  The property, Götene 3:54, is located adjacent to the E20 motorway and is an attractive property for modern logistics operations with good access to Göteborg, the Mälaren region and Stockholm. Logicenters has announced its acquisition of the 23,040 m² facility from CH Square, a joint venture between JBCC and Hökerum Fastigheter.

  The property also has potential for expansion with an additional 4,680 m² of warehouse space.

  “Logicenters is delighted to announce its acquisition of Götene 3:54, a move intended to strengthen our presence around Lake Vänern and the entire Mälaren region. We have extensive experience in investing in ideal locations for efficient logistics operations, something which is very relevant to this deal. The technological and property-specific features of the building also match up with our sustainability requirements; this was critical to the investment decision,” says Matthias Kettelhoit, CEO at Logicenters.

  Acquired on 7 February, the property’s tenant is Semper, a leading Nordic company in the production of baby food, gluten-free and infant formula. Semper also has a strong presence in the area with one of its production facilities located a stone’s throw away from the logistics property.

• Logicenters extends contracts with both Menigo and Dustin

  February 17, 2020 11:14 am Comments Off on Logicenters extends contracts with both Menigo and Dustin

  After a long period of collaboration, both Menigo Foodservice AB in Strängnäs and Dustin AB i Rosersberg have reconfirmed their trust in Logicenters as a landlord. New leases have been signed for periods of seven and ten years, respectively. During 2020, Logicenters will further develop the properties to meet the tenants’ needs.

  After several years of cooperation, Menigo Foodservice AB and Dustin AB have chosen to renew their leases with Logicenters. Menigo has signed a seven-year lease with Logicenters and will remain as a tenant in the Bussen 5 property in Strängnäs – a modern logistics facility. The property is located between Södertälje and Eskilstuna, which is an excellent logistics location in close proximity to Stockholm and the Mälaren region. The modern building has an area of 27,500 m² and has been adapted to handle refrigerated, frozen and dry goods.

  Dustin continues to lease the property at Metallvägen 36 in Rosersberg, which is also located in one of the best logistics locations in Sweden alongside the E4 motorway and close to Stockholm, the Mälaren region and Arlanda Airport. Dustin has signed a ten-year lease with Logicenters and it will also invest in automation during the coming lease period. The logistics facility which Dustin will continue to lease meets all the criteria for a modern logistics operation. The leased area amounts to 22,500 m².

  “It is very pleasing that our tenants are so happy with us that they are choosing to enter into long-term contracts. The fact that Menigo and Dustin are extending their contracts for seven and ten years respectively is confirmation to us that our properties are attractive and can support their growth journeys. At Logicenters, it is always our aim to offer high quality and flexible properties in locations which are strategically suitable for logistics and we look forward to continued good cooperation with our tenants,” says Jonas Kennerhed, Asset Manager at Logicenters.

  The Menigo contract expires on 1 January 2021 and adaptations and improvements to the property will be carried out during 2020. The adaptations to the Rosersberg property will begin immediately and will be completed in 2020.

• Logicenters is establishing in Kerava, Finland – developing a logistics facility for Dachser

  November 14, 2019 10:57 am Comments Off on Logicenters is establishing in Kerava, Finland – developing a logistics facility for Dachser

  Logicenters is continuing to strengthen its portfolio in the Finnish market. In Kerava, just outside Helsinki, Logicenters is currently developing a logistics facility with a total area of 18,300 m². A ten-year lease has been signed with tenant Dachser to lease an area of around 4600 m². The property is scheduled for completion in 2020.

  A leading developer, owner and manager of logistics facilities in the Nordic region, Logicenters is currently developing a property in Kerava, Finland. The 18,300 m² property is located in the Kerca logistics zone, just outside Helsinki, and is scheduled for completion in the 3rd quarter of 2020. Construction company Lehto Tilat Oy is responsible for construction of the property. A ten-year lease has been signed with logistics company Dachser regarding a 4600 m² area comprising a 4000 m² cross-docking area and 600 m² of offices.

  Logicenters’ new facility is located in a strategically important area in the Helsinki region, in close proximity to the international airport and the E75 motorway. Its proximity to the Savio railway station also provides excellent options for commuting to Helsinki. In line with Logicenters’ ambition to improve energy efficiency at its properties, this logistics facility will be equipped with solar cells on the roof and will utilise geothermal heat.

  “We are delighted that the development in Kerava has begun. The area is attractive due to its strategic location, excellent communications and competitive leasing levels. Consequently, it is gratifying that the municipality is investing in logistics.  We have previously enjoyed a very good relationship with Dachser, which makes it very pleasing to be entering into this development with the company,” says Jarkko Äikää, Commercial Director at Logicenters in Finland.

  “The modern terminal in Kerava, as well as proximity of the Vuosaari harbor and the main railway, provides an excellent logistical site for Dachser now and in the future. Furthermore, we are able to provide a multitude of services for Finnish export and import companies in the domestic market. The flexible collaboration with Logicenters and the City of Kerava enables us to continue our growth story, which began for our road transport business in 2014 in Finland,” says Tuomas Leimio, Managing Director, European Logistics Finland, DACHSER Finland Oy.

   ”In Kerava’s strategy, the City is strongly committed to helping businesses grow and thrive in the area. Logistics is one of the key industries in our modern economic environment. The new logistics facility will expand the Kerca logistics zone and will increase the attractiveness of Kerava for businesses as a whole. The facility will also create dozens of new jobs, which is absolutely fantastic,” says Kirsi Rontu, the Mayor of Kerava.

  The new logistics facility has around 13,000 m² still available for leasing by future tenants wishing to establish themselves in one of the best logistics zones in the Helsinki Metropolitan area. The facility has already raised interest among several industry organizations.

• NREP Nordic Strategies Fund acquires 52.000 sqm modern logistics property in Hämeenlinna, Finland

  June 3, 2014 4:06 pm Einen Kommentar hinterlassen

  The property is located adjacent to the main highway in Hämeenlinna, a logistics hub strategically located about half way between Helsinki and Tampere, reaching all the main centers in southern Finland in less than two hours.”This investment has the defensive risk/reward balance that we look for and is fully in line with NREP’s strategy to acquire efficient generic logistics buildings with low re-letting risk located in prime well-established logistics hubs or corridors, says Jani Nokkanen, partner at NREP.

  “This investment re-enforces NREP’s position as the largest owner of modern logistics space in the Nordics with a portfolio of over 550.000 sqm. Leveraging NREP’s existing platform and tenant relationships, the Nordic Strategies Fund will continue to actively invest in this undersupplied segment of the Nordic market”, says Rickard S. Dahlberg, CIO at NREP.

  NREP Nordic Strategies Fund is a strategy-driven value-add fund that, in addition to modern prime logistics assets, also invests in necessity anchored retail and residential real estate in large, established growing Nordic cities, replicating the strategies of prior NREP funds. The fund recently had a first closing of €148 million.

  ”With this transaction, the NREP Nordic Strategies Fund has had an excellent start and secured transactions for more than €110 million within one month of its first closing”, says Mikkel Bülow-Lehnsby, CEO at NREP.

• NREP Nordic Strategies Fund acquires 52.000 sqm modern logistics property in Hämeenlinna, Finland

  3:26 pm Einen Kommentar hinterlassen

  The property is located adjacent to the main highway in Hämeenlinna, a logistics hub strategically located about half way between Helsinki and Tampere, reaching all the main centers in southern Finland in less than two hours.”This investment has the defensive risk/reward balance that we look for and is fully in line with NREP’s strategy to acquire efficient generic logistics buildings with low re-letting risk located in prime well-established logistics hubs or corridors, says Jani Nokkanen, partner at NREP.

  “This investment re-enforces NREP’s position as the largest owner of modern logistics space in the Nordics with a portfolio of over 550.000 sqm. Leveraging NREP’s existing platform and tenant relationships, the Nordic Strategies Fund will continue to actively invest in this undersupplied segment of the Nordic market”, says Rickard S. Dahlberg, CIO at NREP.

  NREP Nordic Strategies Fund is a strategy-driven value-add fund that, in addition to modern prime logistics assets, also invests in necessity anchored retail and residential real estate in large, established growing Nordic cities, replicating the strategies of prior NREP funds. The fund recently had a first closing of €148 million.

  ”With this transaction, the NREP Nordic Strategies Fund has had an excellent start and secured transactions for more than €110 million within one month of its first closing”, says Mikkel Bülow-Lehnsby, CEO at NREP.

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