Swedish construction company Skanska has signed leases for four logistics projects in Sweden and Denmark. The investment volume amounted to EUR 61 mln. The facilities, totalling 50,000 m2, are in Gothenburg, Linköping and Burlöv in Sweden, and Stilling in Denmark. The leases were signed with Scan, TransFargo, Freja Transport & Logistics, and an unnamed tenant, Skanska said.
Swedish construction company Skanska has signed leases for four logistics projects in Sweden and Denmark. The investment volume amounted to EUR 61 mln. The facilities, totalling 50,000 m2, are in Gothenburg, Linköping and Burlöv in Sweden, and Stilling in Denmark. The leases were signed with Scan, TransFargo, Freja Transport & Logistics, and an unnamed tenant, Skanska said.
The projects were started in the third quarter of 2007 and are set for completion around year-end 2008. The average term of the leases on the logistics facilities is 12 years. Construction will be performed by Skanska Sweden and Skanska Denmark. 'We are pleased to note that our cutting-edge logistics expertise attracts demanding customers. Winning four logistics contracts with successful tenants, all in a brief period, shows that demand for this customized product has risen sharply,' said Cecilia Fasth, President of Skanska Fastigheter Göteborg.
