Niam has successfully acquired a prime logistics asset in Torsvik, one of the most well-established logistics hubs in the Nordics. The property has been continuously extended and spans 112,000 sqm, featuring automated high-rack storage, direct railway access and environmental certification according to BREEAM In-Use Very Good.
The asset is fully leased to Elgiganten Logistics, a longstanding tenant since the building's completion. Serving as Elgiganten's distribution centre, the facility supplies all of the chain's stores, hubs and online consumers in the Nordic region from its highly automated omni-warehouse.
Source: press release sent 25 June 2024