Industry News

Alma Property Partners and Byggvesta have sold the commercial properties Vilunda 6:80, Vilunda 6:81 and Vilunda 6:82 in the Optimus area in central Upplands Väsby to Väsbyhem. The transaction was made at a property value of SEK 340 million. As part of the deal, Alma and Byggvesta will also sell commercial building rights corresponding to approx. 4,800 sqm to Väsbyhem when the ongoing change in zoning for Optimus gains legal force. The Optimus area is in central Väsby between the...

CapMan Real Estate makes key organisational enhancements including the introduction of a new leadership role to streamline Nordic asset management operations and support continued expansion. Over recent five years, CapMan Real Estate has experienced substantial growth, with gross asset value under management surging by over €1 billion, reaching approximately €4.4 billion. The pan-Nordic team has also seen significant growth, now comprising nearly 80 professionals. To ensure smooth and efficient operations that support future growth, the company has made key organisational...

Funds managed by Slättö have, through two separate transactions, agreed to acquire two residential portfolios in Finland, for a total transaction value of EUR 130 million. The acquisitions are made with Finnish institutional investors as co-investors. The residential portfolios comprise approximately 800 residential units in the Helsinki Metropolitan Area (“HMA”) and Tampere, with some 70 per cent of the value concentrated int the HMA. The assets have strong locations in their respective submarkets and are of high standards, with the...

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...

Clarion Partners Europe, the real estate investment fund manager specialising in European logistics and industrial assets, has acquired, on behalf of its UK-only logistics fund, an institutional-quality logistics facility in Haydock, near Warrington, for £50.8 million. The vendor is Warrington Borough Council. Constructed in 2019, the 381,146 sq. ft. property is fully let to Movianto UK Limited, a leading healthcare supply chain service, on a 15-year lease, with a rent review due in July 2024. Haydock is a prime UK...