Logistea initiates a rental collaboration with Newsec regarding Vaggeryd Logistics Park

Logistea AB (publ) has initiated a rental collaboration regarding Vaggeryd Logistics Park (Vaggeryd Logistikpark) with Newsec. The logistics park, which consists of existing investment properties and undeveloped landbank, has one of Sweden's best logistics locations with direct connection to European highway 4 (E4) as well as railway tracks and within a 400 km radius 80 percent of Sweden's population is reached. The estimated developmentable and lettable area is at least 150,000 – 180,000 square meters, of which approximately 13,500 square meters present are under development and are expected to be completed during the beginning of 2022.

Logistea has initiated a rental collaboration regarding Vaggeryd Logistics Park (Vaggeryd Logistikpark) with Newsec. The logistics park, located 20 minutes south of Jönköping, has one of Sweden's best signage and logistics locations with direct connection to European highway 4 (E4) as well as railway tracks and within a 400 km radius 80 percent of Sweden's population is reached.

The logistics park consists of 380,000 square meters of flat land area next to highway E4 and today consists of two existing investment properties and undeveloped landbank. The total developmentable and lettable area amounts to at least 150,000 – 180,000 square meters, of which approximately 13,500 square meters present are under development and are expected to be completed in the beginning of 2022.

Vaggeryd Logistikpark's unique signage and logistics location enables local, national and international companies to establish their operations in newly produced and customized premises with prepared electrical connections that meet the very high energy requirements of modern logistics and industrial operators. Our cooperation regarding the rental of Logistikparken's premises is central to our ambition to create a world-class logistics hub," says Tobias Lövstedt, COO Logistea.

 
As of September 30, 2021, Logistea's property portfolio amounts to approximately 165,000 square meters of lettable area (excluding ongoing and planned extensions and new constructions), all located in attractive logistics hubs in southern and central Sweden.