Bockasjö has signed a lease agreement with one of the world’s foremost global logistics companies for the lease of 13,500 square metres of a new logistics building at Hisingen. The property has an overall leaseable area of 24,300 square metres where the tenant retains the option of leasing the remaining area. The property was put into service on 1 March 2018. The new logistics building is property number one in the land area of Hisingen, which Bockasjö acquired in the spring of 2015.
In addition, Bockasjö has signed an agreement with a multinational supplier to the automotive industry. The company will be leasing some 15,000 square metres of Bockasjö’s property number three, which is currently under construction, with an option to lease the remaining area. The property has a leaseable area of 26,350 square metres which will be ready for occupancy in the autumn.
Property number two which covers some 27,000 square metres, and has the Volvo Car Corporation as a tenant will be completed in May, and the construction start for the fourth property has been set to the summer of 2018.
These four logistics buildings mean that Bockasjö has so far utilised 100,000 square metres of leaseable area of the 310,000 square metre land area acquired in 2015.
Bockasjö is currently in a robust phase of expansion. In addition to the four buildings at Hisingen, Sweden’s most modern parcel and postal terminal has just been completed in Örebro with a leaseable area covering 27,000 square metres along with a new postal terminal of 5,000 square metres in Västerås, both having PostNord as their tenant.
The ongoing construction work together with two land works at Landvetter Airport and Hisingen represent an overall investment of SEK 1.5 billion.