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Castellum 2021 in brief

The logistics properties of the future are here today

Digitalisation made a leap during the pandemic, since more people wanted to shop online. But the pandemic also shows how vulnerable our society is. More companies want to have their warehouses closer to their operations. Demand for modern, sustainable logistics properties is rapidly increasing.

When asked why he was so good, legendary hockey player Wayne Gretzky used to say “I skate where the puck is going, not where it’s been.” Castellum tries to navigate the growing logistics landscape in much the same way. Thinking one step ahead. For example, the sale of 54 logistics properties to Blackstone, the international asset management firm, made it possible for Castellum to invest in the next generation of climate-smart logistics proper - ties: units such as the Hisingen Logistics Park in Gothenburg, and the distribution facilities in Brunna in the Stockholm region and Sunnanå outside central Malmö.

Everyone wants to shop online, but the goods need to be stored somewhere

Cutting back on delivery times and being able to deliver in that last stage quickly to the cus - tomer (“last mile” services) have become one of the key issues for the logistics industry. At any rate, this is what Hans Sahlin, Unit Man - ager of the logistics segment at Castellum, believes. An operation that has over 800,000 square metres of logistics space at its disposal, divided among 112 facilities in Sweden and Denmark.

Sahlin sees a logistics market that seems to be nearly insatiable. Uncertainty in the world is a key driver. In the wake of the pandemic, more people want to avoid going to shops and have home deliveries instead. And many companies, in both industry and retail, don’t dare to trust the functioning of retail chains. Instead, they choose to expand their inventories at home.

Sustainable is marketable in the modern logistics industry

What are the key factors for Castellum’s cus - tomers in their choice of logistics properties? They want suitable warehousing space. Both large and small spaces are in demand, in strate - gic locations in the Nordic region and in central parts of metropolitan areas where transporta - tion lines are good, Sahlin says. Other key factors for customers are that logistics facilities should be sustainably constructed and highly energy-efficient. But fast “last mile” delivery seems to be the absolute priority for customers right now.

Hisingen Logistics Park is strategically located close to the Port of Gothenburg, where Jollyroom is the largest customer with a total area of approximately 55,000 square metres and a high degree of automation. One of Northern Europe’s largest solar cells, with an annual electricity production of approximately 3.3 GWh, guarantees sustainable operation for the future.