Logicenters, the leading owner and developer of modern logistics properties in the Nordics, acquires a 9,000 sqm property from a fund managed by Auratum Kiinteistöt Oy. Located in the Moreeni industrial area of Hämeenlinna, the property is leased out to Posti Kiinteistöt Oy.
The buyer of the property built in 2012 is Logicenters. Posti operates a distribution center in the property for rigid packaging solutions manufacturer Coveris Rigid Finland, which has a factory located cost-efficiently in the neighboring building.
A passageway connects the logistics center to the factory located next door, and the logistics process between the factory and warehouse is fully automated. Excess heat generated in the factory can also be utilized in the warehouse via the heat distribution system installed between the buildings.
– We are very pleased about the opportunity to expand our portfolio in Finland with this modern logistics property. The investment is well in line with Logicenters’ strategy of developing and acquiring modern logistics properties in good locations across the Nordics. With the acquisition, we are also expanding our cooperation with Posti to Hämeenlinna, says Antti Toropainen, Investment Manager at Logicenters.
The logistics center is situated in the Moreeni logistics and industrial area of Hämeenlinna, providing a central location at the intersection between Helsinki, Tampere, Turku and Lahti. The area, located at the intersection of major freeways, is well-suited for distribution centers. Several logistics companies, large manufacturers and wholesalers operate in the area. The logistics property can be expanded in the future if additional space is needed for distribution purposes.