August 15, 2022 | Eva Buddas
Veken Kaluste is a pioneering Finnish online furniture store and one of the most fastest growing companies in its line of business. Functioning warehouses close to its customers are critical to its success, as is Logicor's desire to build a long-term partnership with Veken Kaluste.
Veken Kaluste has been selling furniture online since 2008. From the very beginning, this pioneering company set its sights on systematic growth, aiming to become one of Finland's leading operators in the furniture and interior decoration business.
Markus Ranua
Managing Director of Veken Kaluste
The cooperation with Logicor began in 2020 with the first lease agreement, concerning premises of around 4,300 square metres, at the Haapalankatu 1 property in Lahti. In less than a year, the company leased additional space of roughly 10,000 square metres.
A warehouse close to customers
Veken Kaluste has doubled its net sales over the past few years. Growth has been fastest in Southern Finland in particular. In addition to its own central warehouse in Ranua, the company needed additional capacity close to areas with the greatest growth potential.
Markus Ranua
Ranua contacted Logicor, which specializes in logistics properties. Asset Manager Tommi Savinainen began looking for a suitable property located at a transport intersection which would also have sufficient ceiling clearance and contain existing features needed for e-commerce operations.
Savinainen
The partnership reduces the high-growth company's risk
Logicor invests in lasting, customer-driven partnerships. Our cooperation with Veken Kaluste, which began in 2020, is a good example of this.
Savinainen
Markus Ranua is very happy with both the growth path and the partnership with Logicor. The Haapalankatu property has become the central hub of Veken Kaluste's logistics operations.