Alma Sells to Pareto Company

Sweden Sweden Alma Property Partners has sold a portfolio comprising eight warehouse and light industrial properties in southern Sweden to Logistri, a newly established company managed by Pareto Securities. The portfolio includes a gross lettable area of 100,000 square metres. The properties are fully leased with a weighted average lease length of 15 years.


Share via e-mail

“Our goal has been to build a portfolio that is large enough, diversified and attractive for creating a platform for a new company focused on warehouse and light industrial properties. Together with Pareto, who raised capital from a strong group of investors, we have laid the groundwork for a new, well-needed player in this segment,” says Simon de Chateau, Partner & CIO at Alma Property Partners.
In connection to the transaction Pareto raised EUR 65 million, from primarily asset managers, foundations and high net worth individuals, on behalf of Logistri Fastighets AB.
“We are pleased to establish a light industrial scheme including high yielding real estate and long leases. The portfolio is diversified with well positioned tenants in market leading positions. Light industrial is an interesting sector where we believe we can find strong cash flow and growth combined,’’ says Ulf Attebrant, CEO at Logistri.
Cederquist and EY acted adviser to the buyer and Kilpatrick Townsend & Stockton to the seller.

Axel Ohlsson

Massive Interest for First Stockholm CBD Land Sale in Ten Years

Sweden Sweden International and larger Swedish real estate owners in the hunt for the 20,000 sqm land sale in Stockholm CBD.

Heimstaden Buys Two Properties in Trelleborg

Sweden Sweden Heimstaden acquires two properties with 80 apartments in Trelleborg.

Bonava the Largest Residential Developer in Latvia

Sweden Sweden Based on the number of newly constructed apartments registered and sold, Bonava Latvia has become the country’s largest residential development company, according to aggregate property market data.

What's Next for Halted Swedish Transaction?

Sweden Sweden Niam's EUR 230M acquisition of Old Karolinska Hospital is subject to approval by the Stockholm County Council by June 30th. Despite the clock ticking, no date has been set for when the re-issued case will resume. County Commissioner Paul Lindquist tells Nordic Property News what his view is of the situation.

Cernera Acquires in Borås

Sweden Sweden Cernera increases their portfolio with approximately 7,300 square meters of office and warehouse facilities through the purchase of the Armbåga 1 property in Borås.

Peter Wågström is Back in the Game

Sweden Sweden Last fall he got fired from the CEO role of construction giant NCC. Now Peter Wågström is back and tells Nordic Property News what attracted him about Eastnine and his future plans.

Deutsche AM cautious about Stockholm

Sweden Sweden Stockholm real estate is doing exceptionally well and have been for years – but clouds loom on the horizon. Simon Wallace, Head of Research Europe at Deutsche Asset Management, tells Nordic Property News about the concerns of the Swedish capital city.

Skanska invests EUR 41M in Gdansk

Sweden Sweden Skanska invests EUR 41M in the first phase of a new office development in Gdansk, Poland. The first-phase of the project will be 14 stories high with a total leasable area of about 23,300 square meters and two levels of underground parking.

Here's Volvo’s Giant Venture in Gothenburg

Sweden Sweden Volvo’s giant project Campus Lundby, Gothenburg, is closing in. The new plan proposal enables 670,000 square meters BTA.

Kungsleden Buys in Malmö for EUR 98M

Sweden Sweden Skanska has sold the office building Studio in Malmö to Kungsleden. The transfer of the property is scheduled for May 2018.