Veidekke Logistikkbygg has signed a contract with Pareto Eiendomsfellesskap AS
for the construction of Nordisk Dækimport's (NDI) new central warehouse facility
at Vestby to the south of Oslo. The contract is a turnkey contract valued at
approx. NOK 185 million excluding VAT.
The project involves the co-location of NDI's existing warehousing facilities in
Eastern Norway to the Vestby Business Park East in the municipality of Vestby.
Pareto, NDI and Veidekke have worked closely together to develop a building that
satisfies the requirements for a modern, efficient logistics hub. The building
will have a gross area just over 23,500 m[2] and will be adapted to NDI's range
of goods encompassing everything from wheelbarrow tyres to construction tyres.
'Together, we have come up with some fantastic solutions that meet NDI's needs
and ensure the building is very flexible and attractive in terms of long-term
ownership. We have signed a series of new leases at Vestby of late, and this
project confirms the ever-increasing attractiveness of the business park,' says
Jonathan Barfod, Partner and Investment Director at Pareto Alternative
Investments AS.
'Veidekke Logistikkbygg specialises in developing and constructing rational and
efficient non-residential buildings on a turnkey basis. We are grateful for the
vote of confidence and look forward getting to work and engaging in a fruitful
and exciting partnership together with Pareto, who are the biggest lessors of
logistics real estate in the country,' says Roar Kristiansen, General Manager at
Veidekke Logistikkbygg AS.
Construction will commence in the New Year and the project is scheduled for
completion by summer 2022.
For more information please contact:
General manager Roar Kristiansen of Veidekke Logistikkbygg AS, tel. +47 916 90
080, roar.kristiansen@veidekke.no
Communications Manager Helge Dieset of Veidekke ASA, tel. +47 90 55 33 22,
helge.dieset@veidekke.no
Jonathan Barfod, Partner and Investment Director, Pareto Alternative
Investments, tel. +47 95 72 73 40, jab@pareto.no
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Veidekke Logistikkbygg AS is a turnkey contractor that designs, develops and
erects various types of commercial and industrial buildings all over Norway. We
are a team of 25 enthusiastic colleagues with a forecast turnover of NOK 250
million for 2020. Veidekke Logistikkbygg has its offices in Larvik.
Veidekke is one of Scandinavia's largest construction companies. The company
undertakes all types of construction and civil engineering contracts, maintains
roads, and produces asphalt and aggregates. The company is known for its
engagement and local knowledge. Its annual turnover is approx. NOK 37 billion,
and around half of its 8,200 employees own shares in the company. Veidekke is
listed on the Oslo Stock Exchange and has always posted a profit since it was
founded in 1936.