NCC Property Development has sold a logistics facility in Greve outside Copenhagen for SEK 193 mln (EUR 20.5 mln). The buyer, Nordic Real Estate Partners (NREP), will take over the facility when it is completed on 1 May 2011.
NCC Property Development has sold a logistics facility in Greve outside Copenhagen for SEK 193 mln (EUR 20.5 mln). The buyer, Nordic Real Estate Partners (NREP), will take over the facility when it is completed on 1 May 2011.
The facility comprises 17,190 m2 of warehouse space and 1,800-m2 of office space. The entire facility already has a tenant who will take occupancy when the facility is scheduled for completion. Construction will commence on 1 September 2010.
The logistics facility, which is located on Ventrupvej in Greve, consists of a terminal, a high-bay storage warehouse and offices. The facility is also equipped for adaptation to future requirements, with such features as climate control including night-time cooling.