Skanska develops new logistics center for DHL, invests SEK 250 M in Gothenburg

Skanska has signed another long-term lease covering a new logistics facility, this time a freight terminal in Gothenburg for the logistics company DHL Express. The total investment amounts to about SEK 250 M. The building comprises a freight terminal and offices totaling about 20,000 square meters and is being constructed in the Backa industrial area. Occupancy of the project is planned for the first quarter of 2009. Construction is being carried out by Skanska Sweden.

“This is an important investment in the future for DHL Express and we are highly satisfied with the solution Skanska has assisted us in developing. Both the location and function are top class,” says Lars Sundman, President, DHL Express in Sweden.

For some time, Skanska has accumulated extensive expertise in the development of logistics properties in the Nordic region. Earlier this autumn, four logistics contracts were signed in Sweden and Denmark covering a total of 50,000 square meters and involving an investment of about SEK 565 M.

“We see favorable growth potential in our logistics niche since many companies are investing in the development of their logistics. We can offer our customers functional premises and prime locations,” says Cecilia Fasth, President of Skanska Fastigheter Göteborg. “This transaction and the four earlier contracts demonstrate that we hold a strong position on the Nordic logistics market.”