The logistics real estate company Prologis acquired more than 30,000 square meters of land from Eskilstuna Municipality. The plot is located next to the recently expanded Footway premises. Prologis plans to build a new logistics development of at least 15,000 square meters on the site. The entire project is a strategic long-term investment as the shortage of logistics space in Stockholm becomes more acute.
Construction of a state-of-the-art 15,000 square meter logistics project with a view to future development in the region is scheduled to begin early December 2021.
“Prologis is a long-term logistics real estate owner and manager that is always looking for opportunities to expand in attractive areas with a sustainable future,” says Gunnar Gillholm, VP, Country Manager Nordics at Prologis. “Eskilstuna has the characteristics needed by a good logistics location: a range of transport routes, proximity to Stockholm, forward-looking municipal management and robust demand.”
Eskilstuna is a great location to serve the entire Nordic region. It has Sweden’s largest intermodal terminal, and the location combines three different modes of transport: rail, road and air. It is only 70 kilometers from Stockholm, and 3.8 million people live within 60 minutes of the property.
“In the long-term perspective, Eskilstuna is a perfect complement to the more expensive Stockholm market,” says Gillholm. “We strongly believe in Eskilstuna as a market and want to continue to grow in the area, even after we complete this project.”
Prologis always strives to be at the forefront in sustainable development—from building design and waste reduction to selecting logistics locations that are future proof. With this project, Prologis performed a full ecological investigation in accordance with BREEAM to preserve the biodiversity of the site. One preservation method is to build a bug hotel, which will become a Prologis standard for all new developments in the Nordics.
The building will earn the Prologis standard of BREEAM “Very Good” environmental accreditation, and carbon will be offset through the Cool Earth organization, which protects endangered rainforests.
The legal advisor has been Mannheimer Swartling Advokatbyrå AB.