June 19, 2023 | Eva Buddas
Logicor, a leading owner, manager and developer of logistics real estate in Europe, has acquired a prime logistics site of c.11,400 square meter in Backa, Gothenburg as part of its drive to expand in the Swedish market.
The former industrial site is located 6km from central Gothenburg with close access to the E6, providing excellent connections to cities such as Stockholm, Oslo, and Copenhagen, allowing for ease of distribution to the Swedish and Nordic markets.
This latest addition follows the acquisition of a site in Rosersberg earlier this year, and adds to the c.1.7million sqm of assets Logicor owns or manages in the Nordic region.
The site will be developed to high environmental standards, targeting BREEAM Excellent certification, with construction expected to begin in Q1 2024.
Christoffer Walljaeger
Director, Asset Management, Logicor Sweden
The seller is Grandab Fastigheter II AB which is owned by Revcap and Grandab Invest. The purchase price is undisclosed.
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Contact
Christoffer Walljaeger, Director Asset Management, [email protected]
Lizzie Beuzeval, Director, Communications & Marketing, [email protected]