Genesta Sells Juvanmalmi Logistics Centre in Helsinki Metropolitan Area
Genesta sells Juvanmalmi Logistics Centre located in Espoo on behalf of its fund, GNRE Fund II.
Juvanmalmi Logistics Centre consists of four heated warehouses and one refrigerated storage facility. The total floor area of these premises is close to 60,000 m²; there is plenty of room for operation in the yard area surrounding the buildings. The block of land on which the property lies is about 160,000 m² (16 hectares) in area. The necessary office and restroom facilities are mainly placed on the second floor.
This centre is located within an important logistics belt in the metropolitan area, alongside Kehä III / Ring Road III and near the Vihdintie (Porintie) intersection. The turnoff to Juvan teollisuuskatu is directly from the Kehä III / Ring Road exit when arriving both from the east and the west.
The street connection from the ring road to the logistics centre is straight; there are no traffic lights, bends, overpasses, crossings or intersections likely to experience traffic jams along the distance of 1.2 kilometres.
Genesta sells Juvanmalmi Logistics Centre located in Espoo on behalf of its fund, GNRE Fund II.
“We're expecting to start producing our own green and renewable electricity in September. We are very excited about this project and are already exploring where to do our next renewable energy project”, says Hanna-Maija Tikka, Genesta´s Sustainability Manager.
Genesta acquires the 66,680 sqm logistics property Juvan Teollisuuskatu 25, Espoo, on the behalf of its fund GNRE Fund II. The seller is a fund managed by J.P. Morgan Asset Management.