PATRIZIA has completed the purchase of a large urban logistics portfolio in Sweden from Alta Fastigheter. The portfolio comprises 10 newly developed urban industrial and logistics properties in Linköping, Norrköping and Nyköping. The acquisition is a significant initial investment in a new €300 million Nordics industrial platform, which is a strategic joint venture partnership with Broadgate Asset Management. Spanning over 37,000 square metres of leasable industrial space, the portfolio has a current occupancy rate of 97%. The properties are located south-west of Stockholm in industrial submarkets alongside the E4, a Swedish motorway.
Source: patrizia.ag on the 23rd of august 2023