ProLogis, a leading global provider of distribution facilities and services, announced today that the ProLogis European Properties Fund acquired a newly developed distribution facility in Sweden totaling 20,000 mÂ² from DFDS Transport AB. A major European transport and logistics company, DFDS Transport will lease the building.
The new facility is located in the HÃ¤ndelÃ¶ Industrial Area, less than 2 miles (3 km) from the center of NorrkÃ¶ping with excellent multi-modal connections by means of road, rail and waterway. NorrkÃ¶ping is a major distribution hub for Central Sweden and a major port for goods transported to and from the Baltics. Other major companies in the greater NorrkÃ¶ping area include: Ericsson, Saab, Whirlpool, Saab Aircraft, ABB, Philips, Proctor & Gamble, Bosch, and Goodyear.
According to Robin von Weiler, managing director of ProLogis 'We have identified Scandinavia as a logical extension of our European network of customer driven distribution facilities.' Von Weiler added, 'This transaction with DFDS Transport is an excellent way to enter this market where a large number of our international customers are located. We look forward to a long-term relationship with DFDS Transport.'
Henrik Holm, Managing Director, DFDS Transport, said, â€œOur core business is transport and logistics. We want to invest in our business and not bind capital in real estate. Therefore we are very happy to cooperate with a leading and competent provider of integrated distribution facilities such as ProLogis.â€
DFDS Transport is a member of the DSV Group of Companies, which is an international transport and logistics organisation with a considerable market position in the Nordic countries, United Kingdom, Ireland, France, the Netherlands, Belgium, the Baltic States, Poland, the Czech Republic, Slovakia, the Far East and the U.S.