CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired 77,000 square metre of land in Åstorp, Helsingborg, Sweden. The site will be developed into a high-quality warehouse asset totaling 46,000 square metre of lettable area.
The project will see flexible 1 to 3 units developed on a speculative basis and will target BREEAM Excellent certification. Completion of the development is expected in Q4 2024. The plot is strategically located along the E4 highway East of Helsingborg.
Soruce: cbreim.com on the 5th of June 2023
https://www.cbreim.com/press-releases/cbre-im-makes-land-acquisition-for-high-quality-logistics-development-in-astorp-sweeden