Sunrise Real Estate has completed the disposal of a fully let logistics facility in Landvetter, near Gothenburg Airport in Sweden.
The 14,300m² (c. 154,000ft²) scheme was developed in partnership with Panattoni as a brownfield redevelopment, replacing an existing building with a modern logistics unit.
The asset is fully occupied, as it was pre-let to an IT hardware and software distributor ahead of completion in 2025.
Strategically located adjacent to Sweden’s Route 40, the site offers direct connectivity to Gothenburg Landvetter Airport and the Port of Gothenburg, positioning it within one of the Sweden’s key logistics corridors.
The development is certified BREEAM ‘Excellent’ and incorporates a range of sustainability features, including a rooftop prepared for solar installation and EV charging facilities aligned to occupier requirements.
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Jenny Wang, COO, Sunrise Real Estate, said: “This transaction is a strong example of the continued attractiveness of sustainable, high-quality logistics space in supply-constrained and well-connected European locations, both for tenants and institutional investors.”
Landvetter is Panattoni’s first fully completed project in Sweden. The comapny expects to complete a new facility in Mölnlycke this summer, which is already partially leased. Fredrik Jagersjö Rosell, managing director, Panattoni Sweden said: “The region shows strong demand, and we see long-term potential here.”
MVB Väst AB acted as construction partner for the Landvetter project. Cushman & Wakefield advised on the sale, with legal support from DLA Piper.
