Strong demand for logistics facilities in Göteborg Landvetter’s airport city

Furniture giant Nordiska Galleriet Properties AB has become the latest company to commit to building a facility at Göteborg Landvetter Airport (Gothenburg).

The complex will be located in Logistics Park 1 of Airport City Göteborg, currently taking shape at the Swedish gateway.

Swedavia notes that there is “strong demand for logistics properties” in Gothenburg region. Indeed, such is the demand that the facility will be the last one located in Logistics Park 1, with all others to follow sited in Logistics Park 2, which will be twice the size of the original.

The Nordiska Galleriet Properties deal is the third building rights sale in recent months, following agreements with North Park Fastigheter and Zeppelin Sverige AB.

“Naturally, we are really pleased that Nordiska Galleriet Properties and thus another operator has chosen to take part in the development of Airport City Göteborg,” notes Stefan Stenberg, CEO of Swedavia Real Estate.

“We are now seeing the rapid growth of a new hub for transport and logistics at the airport. The logistics properties now being planned will have easy access and good exposure next to the entrance to Göteborg Landvetter Airport.”

With the sale to Nordiska Galleriet Properties, all building rights to Logistics Park 1, which covers a total of 300,00 square metres, have now been sold.

Over the past three years, some 95,000 square metres of new premises for warehouses and logistics have been completed. A further approximately 20,000 square metres of office, business and warehousing premises will be created as a result of the recent sales over the next two years.

Stenberg says: “There continues to be strong interest in setting up logistics operations adjacent to the optimal transport hub that the airport constitutes.

“To meet this demand, Swedavia is now beginning work on Airport City Göteborg’s second logistics area, which will have twice as much space as Logistics Park 1.”

Logistics Park 2 will be located on the west side of the airport and covers an area of about 700,000 square metres. Work on the zoning plan for the new logistics area will start next year.

Swedavia says that the goal is for the first building in the area to be completed in 2025. The development of a total of about 350,000 square metres of modern, efficient warehousing and logistics facilities is planned.

Nordiska Galleriet is Sweden’s largest retailer of furniture, lighting and interior furnishings in the premium segment.

• Main image courtesy of Krook & Tjäder.