Logistea AB (publ), a fast-growing real estate company in warehouses and logistics with strong cash flows, has as previously communicated, recruited Niklas Zuckerman as new CEO and Anders Nordvall as deputy CEO and Head of Transactions. Niklas and Anders have solid transaction backgrounds from the real estate industry and most recently from Savills Sweden. Both are taking up their positions today.
The market for warehouse and logistics properties is under strong growth, primarily driven by a growing digitalization and e-commerce. Logistea's ambition is to be a rapidly growing challenger in the Swedish real estate market in warehouses and logistics. In order to realize the company's growth strategy, as previously communicated, Niklas Zuckerman has been recruited as new CEO and Anders Nordvall as deputy CEO and Head of Transactions. Both will take up their positions today.
Niklas Zuckerman is 45 years old and has a master's degree in civil engineering from KTH Royal Institute of Technology in Stockholm, Sweden. For three years Niklas has been a partner and responsible for Savill's Swedish transaction business. Prior to that, Niklas was a partner and responsible for Capital Markets at Cushman & Wakefield. In addition to this, Niklas has a long-term employment within Catella Corporate Finance.
Anders Nordvall is 49 years old and has a master's degree in civil engineering from KTH Royal Institute of Technology in Stockholm, Sweden. Anders has until today been partner and deputy CEO at Savills Sweden. Prior to that, Anders was partner and CEO of Cushman & Wakefield in Sweden and before that CEO of Catella Corporate Finance.
Niklas Zuckerman and Anders Nordvall are some of the most respected transaction advisors in the Swedish real estate market, which creates the best conditions for further accelerating Logistea's growth and increased shareholder value, says Patrik Tillman, Chairman of Logistea.
With Logistea's new organization and strong acquisition capacity, the company is well equipped to continue the rapid growth journey in attractive logistics locations in southern and central Sweden, says Niklas Zuckerman, CEO of Logistea.
Logistea focuses on building a property portfolio with strong cash flows combined with long average remaining contract time in attractive and growing logistics hubs. In two years, the company has increased the property value of the company's property portfolio from 189 MSEK to over 2,000 MSEK and currently owns properties in 16 locations in Sweden with a combined leasable area of almost 305,000 square meters. All properties are located in attractive logistics locations close to Gothenburg, Jönköping, Örebro and the region of Öresund.
