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PostNord extends three lease agreements totalling 76,500 sqm with Logicor in Sweden

Partnership includes investments in sustainable solutions

November 18, 2024 |

PRESS RELEASE

Logicor, a leading owner, manager, and developer of logistics real estate in Europe, has renewed three lease agreements with PostNord, the leading supplier of communications and logistics solutions to, from and within the Nordic region. The agreements include approximately 76,500 square meters of warehouse and terminal space across three key locations in Stockholm, Malmö, and Sundsvall. 

Logicor’s properties in these three locations are vital logistics hubs that ensure robust connectivity and further support PostNord’s operational efficiency.

The lease agreement at Stockholm, Årsta, has been extended for a ten-year period. In addition, together with PostNord, Logicor is co-investing in LED lighting installations in all three locations, which will significantly reduce the business’s energy consumption.

In parallel, Logicor has invested in solar panels at the Stockholm terminal. The solar installation is projected to generate approximately 500,000 kWh annually.

We are delighted to strengthen our partnership with our long-term tenant PostNord with three lease extensions covering 76,500 square meters. Deals such as this demonstrate our strategy of supplying the market with high-quality properties in the right locations, that meet our client’s environmental requirements whilst empowering businesses to thrive.

Christoffer Walljaeger

Director of Asset Management at Logicor, Sweden

These three sites are critical for our operations, and we’re thrilled to have secured long-term agreements that support our growth and sustainability objectives. Logicor has proven to be a reliable partner in driving forward-looking and green property development. Our ongoing collaboration aims to implement energy-efficient measures that align with PostNord’s broader strategy towards a fossil-free operation.

Christoffer Fransson

Manager Infrastructure and Endpoints at PostNord

CONTACT DETAILS

Christoffer Walljaeger, Director, Asset Management, Logicor Sweden, [email protected]

Kukka Eerola, Marketing and Communications Manager, Nordics, [email protected]


About Logicor:

Logicor is a leading owner, manager and developer of European logistics real estate. As at June 2024, our portfolio of properties spans over 20 million square metres of warehouse space in key transportation hubs and close to major population centres, enabling us to support over 2 000 customers.

We are headquartered in London and Luxembourg and have teams of people based across Europe.

Our real estate and the strength of our network enable our customers’ goods to move through the supply chain and into society, every day.