News

Recently we completed a logistics facility in Gothenburg, Sweden, and handed it over to the client, Verdion. The facility spans 17,500 square meters and is designed to accommodate two or three tenants. Verdion maintains high quality standards for its properties, evident in both material choices and aesthetic design. Throughout the project, we enjoyed strong collaboration with our client, ensuring that all requirements were met. Constructed with a shelter...

LC has sold a fully leased, self-developed logistics facility with a rentable area of approximately 24,000 square meters in Ulricehamn, Sweden. The buyer is SLP, Swedish Logistic Property. The sale is executed as a corporate transaction at a property value of 204 million SEK, and SLP will take possession of the property on June 28. The facility was completed in 2023 and is certified according to Miljöbyggnad Silver. In addition to the existing building,...

Logistic Contractor has signed an agreement with Niam, who is acquiring a logistics property under construction in Norway. The agreed property value amounts to 1,450,000,000 NOK. The transaction is carried out through a combination of forward funding and forward commitment. Niam will take possession of the property upon completion during the summer of 2025. The property, located in Eidsvoll north of Oslo, has been developed by Logistic Contractor. There...

On Tuesday, February 27, we held a groundbreaking ceremony on site for Ahlsell's new central warehouse in Eidsvoll, Norway. When the work is completed in about a year and a half, there will be building comprising 62,000 sim here. Parts of the facility will be as high as 36 meters, to accommodate a high-bay warehouse. Both Ahlsell and we have high ambitions in the sustainability area. Therefore, the facility will be Breeam-certified, and a solar power...

Logistic Contractor has been entrusted with developing and constructing wholesale company Ahlsell's new state-of-the-art logistics facility in Norway. Ahlsell will be the tenant in the facility and has entered into a fifteen-year lease agreement with LC, with an annual rent of approximately 80 MNOK. The facility, located in the municipality of Eidsvoll north of Oslo, spans 62,000 sqm and includes a high-bay section of 36 meters. The construction value...

Logistic Contractor continues its collaboration with the fund manager Genesta Property Nordic AB. A forward commitment agreement has been signed for LC to develop and build a logistics facility of 20,600 sqm in Solrød, just south of Copenhagen. The contract value amounts to 220 million Danish kroner. LC has recently acquired 48,000 sqm of land adjacent to motorway E20 for the project. "We are very pleased about the agreement with Genesta. This fall, we...

Logistics developer Verdion is expanding its collaboration with Logistic Contractor. An agreement has been signed to build a logistics facility of 15,000 square meters in the Bäckebol area in Gothenburg, Sweden. The order value amounts to approximately SEK 200 million. Earlier this year, Logistic Contractor began constructing a similar facility for Verdion outside Vaggeryd, Sweden. Both will be certified according to Breeam and for the facility in...

Logistic Contractor has entered into an agreement with H2 Green Steel to build parts of a production facility for green steel in Boden, Sweden. The agreement covers a building of 150,000 square meters and the order value amounts to approximately SEK 1.7 billion. The deal is conditional upon H2 Green Steel being granted financing for the project. The order value will only be included in Wästbygg Gruppen's order intake after H2 Green Steel has secured the...

Last Friday, ground was broken for a new logistics facility in the Stigamo South area by the E4, just outside Vaggeryd. Here, Logistic Contractor, on behalf of logistics real estate specialist Verdion, is building a logistics property of 20 500 sqm. Representatives from, among others, Logistic Contractor and Verdion were present in Vaggeryd to take the ceremonial groundbreaking ceremony. “We are happy to be here today to groundbreak for a modern...

Logistic Contractor, which is part of the Wästbygg Group, has acquired 19.500 sqm of land in Sipoo northeast of Helsinki in Finland. The land has an excellent logistic location in Bastukärr’s logistic area and the purchase sum amounts to EUR 900.000. Logistic Contractor’s plan is to establish a logistics or industrial facility of about 9.700 sqm including office space here, suitable for one or two clients. – We are very pleased with this...

Wästbygg Gruppen has been building for over 40 years and has evolved from a local company, into a listed company with a clear presence in Sweden, Norway, Denmark and Finland. Logistic Contractor has been part of Wästbygg Gruppen since 2004 and since then, additional group companies operating under different brands have been added. To show that today it is a group consisting of specialized companies with strong brands, Wästbygg Gruppen changes its...

For Klinga Logistikpark AB, LC will build a logistics facility in Norrköping of 31,000 sqm, of which 6,000 sqm in a mezzanine floor. The facility is the first stage in a new logistics park. It will be built in accordance with the customer's environmental program and designed to provide the opportunity for certification in the future. Among other things, a geothermal heating system will be installed and the roof will be prepared for the installation of...

Logistic Contractor AB, which is part of the Wästbygg Group, has signed an agreement to develop and build a logistics facility for Logistikpartner in Ulricehamn of 20,000 sqm. A twelve-year lease has been signed with Logistikpartner with a base year annual rent of SEK 9.7 million. The facility will be equipped with an automated robot system for efficient handling of stocked items. Certification according to Miljöbyggnad Silver ensures that the property...

Logistic Contractor AS, which belongs to the Wästbygg Group, has signed an agreement to acquire approximately 266,000 sqm of land just north of Gardermoen Airport in Norway. There is a local development plan for the land and the seller has begun the preliminary ground preparations. The purchase price is approximately NOK 233 million. The acquisition will be carried out in three phases, where phase one of about 79,000 sqm will be paid for with a closing...

Today, 24 September, the Wästbygg Group, of which Logistic Contractor is a part, has entered an agreement to acquire all shares in Rekab Entreprenad from its owner, Trekcyd AB. The total acquisition price is SEK 230 million on a debt free basis, comprising a cash payment of SEK 147,2 million and SEK 82,8 million through the repurchase and transfer of Wästbygg shares. The acquisition is conditional on approval by the Swedish Competition Authority, while...

Just before the summer, we handed over a central warehouse that we have developed and built in Örebro for the discount chain Dollarstore. During the construction of the 55,000 sqm facility, we have taken photos of the entire process from both the outside and the inside. Based on that material, we have now compiled a film that shows the process from start to finish.

Logistic Contractor, part of the Wästbygg Group, has signed a collaboration agreement with state-owned Orio AB to develop approximately 400,000 sqm of land in Nyköping – Nyköping Logistics Park – in a joint venture. The development work will be carried out through a joint project company. The land is currently owned by Orio and is directly adjacent to its current warehouse and distribution centre. Under the agreement, Logistic Contractor commits to...

In May, HydraSpecma was able to move into its new facility in Bårhult just east of Gothenburg. The 11,200 sqm building, built by Logistic Contractor, now houses the HydraSpecma's Swedish headquarters and one of the group's many production units. HydraSpecma is, among other things, a subcontractor to the automotive industry and in Bårhult, the main production consists of hose systems for heavier applications. Most of the deliveries from here go to...

When DHL planned the terminal at Kastrup Airport that Logistic Contractor is now building, long-term sustainability was an important issue. Resources such as solar, rain and groundwater create conditions for energy-efficient operation of the 26,000 sqm building. On the roof, 1,900 square meters of solar cells will be fitted that will be able to generate up to 280 MWh of electricity for the property each year. On days when electricity production exceeds...

In November 2020, we signed an agreement with DHL to build a new parcel terminal and office for them at Kastrup Airport in Copenhagen. A total of 26,000 sqm will be built along with a parking deck of 7,500 sqm. The building is now beginning to take shape. The project began with 3,000 piles being driven into the ground. This created a stable foundation for the building. Throughout the spring, the work of erecting the steel frame has been ongoing. Now...

Logistic Contractor, part of the Wästbygg Group, has acquired 133,000 sqm of land in an industrial area just east of Enköping through the purchase of the project company Sneden AB. The purchase consideration is SEK 165 million and Logistic Contractor will take possession of the project company on 28 May. The seller is KGK Fastigheter. “Our aim is to develop this land for one or two logistics or industrial operators within a three-year period. The...

Logistic Contractor, a company in the Wästbygg Group, has signed a contract with kitchen specialist Nobia for the construction of their new production facility south of Jönköping. It will have an area of 123,000 sqm and will be built on a single level. The order value is approximately SEK 460 million. The building is to be certified according to the BREEAM Very Good standard, which focuses strongly on sustainability in line with both Nobia’s and...

Logistic Contractor goes into 2021 with excellent conditions for further strengthening its presence in the Danish, Norwegian and Finnish markets. The offices in these three countries have strong local sales organisations with experienced employees who have strong expertise in property development and construction. The support organisation for foreign subsidiaries at Logistic Contractor’s office in Gothenburg has also been reinforced.  “I am delighted...