Veidekke: To build two new logistics buildings near Gothenburg, Sweden
Veidekke's Swedish subsidiary BRA Bygg AB has been commissioned by the logistics property company Catena to build two new logistics buildings with a combined area of more than 50,000 square metres at Landvetter by Gothenburg. The two contracts have a combined value of up to SEK 500 million.
The largest of the two projects is a collaborative design and build contract valued at approx. SEK 400 million, with construction starting in Q1 2023 and completion planned for summer 2024. The newbuild will comprise a total of 42 250 square metres of refrigeration and freezer warehouse and office area. Catena has leased the facilities to Menigo Foodservice, one of Sweden's most established distributors of food to commercial kitchens, restaurants and schools.
“We are experiencing great demand in this region, which is a hub for vital transport routes and has access to unique logistics and transport expertise. Through thoughtful development and management of the new buildings, we can help build a logistics network that is more sustainable in the long term, and meets the requirements of new trade and consumption patterns as well as for modern and attractive workplaces,” says Jonas Arvidsson, regional manager Gothenburg in Catena.
“Our involvement in the construction of Logistikpostition Landvetter is very rewarding, and we look forward to collaborating with Catena and contributing to the development of the area. Menigo is an important starting point for the logistics industry cluster, and we also welcome the project’s strong sustainability profile, says Anders Nolander, department head at BRA Bygg.
The second project is a design and build contract valued at SEK 99 million, with construction start in March 2023 and completion planned for spring 2024. The project comprises new construction of approx. 9 000 square meters of warehouse, office and exhibition area for the tenant MM Sports, a leading supplier of sports nutrition in the Nordic region.
Both buildings are part of Logistikposition Landvetter, which is emerging as one of Sweden's leading logistics hubs. With close proximity to both airport and harbour, the location is ideal for transshipment of goods to Gothenburg and further on in the Nordic region. BRA is also the main contractor for site’s groundwork and civil engineering.
Logistikposition Landvetter has set a high standard for sustainability, and the new projects are set to be certified to the BREEAM Excellent standard, the second highest BREEAM level. The glulam support system reduces GHG emissions and contributes to a better environment, while at the same time providing an example for future logistics properties.
The contract is included in the Q4 2022 order book.
For more information, contact:
Jørgen Wiese Porsmyr, CFO Veidekke ASA, ph. +47 907 59 058
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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 38 billion, and half of its 7,800 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit every year since its inception in 1936.
