Global private markets firm Partners Group has entered into an agreement to sell a Swedish retail warehouse portfolio to Svenska Handelsfastigheter for SEK 1.3 billion (€110 million).
The portfolio was held in the Sveafastigheter Fersen and Sveafastigheter Fersen II structures and has been managed by Brunswick Real Estate on behalf of Partners Group since 2015. Closing of the transaction is planned for 30 May 2024.
The high-quality portfolio representing 85,200 square metres of retail space comprises seven properties located in Västerås, Kalmar, Österåker and Kristianstad. It is dominated by discount retailers with Bauhaus, Willys, XXL, Rusta and EKO amongst its largest tenants. It is 95% let with an average remaining contract period of 4.8 years.
Source: propertyeu.info.com on the 30th of May, 2024
https://propertyeu.info/Nieuws/Partners-Group-sells-Swedish-retail-warehouse-portfolio-for-110m/1ecbf95f-6e65-45e4-8456-abb4eb03551e