In a deal worth SEK684 million (€62.6m), the Swedish seaport has bought from Platzer land, office properties, and water areas, altogether enabling the development of 210,000 m² of new terminal space.

The plot is located directly next to Stena Line's future 2031-terminal.

"This acquisition is carried out to create conditions for the port's continued long-term development. The Port of Gothenburg needs to keep growing in the future, and this is a natural step directly adjacent to existing port operations and surrounding logistics infrastructure," highlighted Göran Eriksson, the Port of Gothenburg's CEO.

He furthered, "We are seeing steady volume growth over time, and to support the global competitiveness of Swedish industry, continuous development of the port is required."

"Revenue from the property's existing office buildings will form the basis for financing the continued development of the area," the Port of Gothenburg shared in a press brief. "Both the acquisition and divestment of the respective properties are subject to approval by the municipal council [as part of the deal, the port sold a logistics property at the port entrance]. Transfer of ownership is expected to take place no earlier than the fourth quarter of 2026. When the transaction has been fully completed, the port will elaborate on more detailed plans for the development of this attractive location."