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.

2017-10-12

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
axel@nordicpropertynews.com




Magnolia Sells to Slättö

Sweden Sweden Magnolia Bostad signed an agreement for the sale to Slättö of around 650 residences in Bro, Upplands-Bro municipality. The value at completion is expected to amount to around EUR 113M.


Ikano Sells to Trianon and Heimstaden

Sweden Sweden Ikano sells to Heimstaden and Trianon, which has signed an agreement to buy a property portfolio of a total of eight properties in Malmö and two properties in Lund. The portfolio comprises 388 apartments and a smaller number of commercial premises. The transaction price is EUR 69M.

Pelican Sells Five Plants in Sweden

Sweden Sweden Pelican Self Storage divests five of their eleven plants in Sweden. The plants which are concerned are located in Västerås, Örebro, Linköping, Norrköping and Åkersberga. The buyer is Shurgard, who takes over the plants including employees and customers.

Hemfosa Acquires Portfolio for EUR 106M

Sweden Sweden Hemfosa has signed an agreement to acquire a property portfolio in Sweden with a value of about EUR 106M. The portfolio consists of seven properties comprising predominantly office premises with tenants in the community services sector.

Balder in New Hotel Investment

Sweden Sweden Balder, together with Folkets Hus and the hotel operator Nordic Choice, has entered into an agreement to develop, construct and operate the new hotel at Järntorget in Gothenburg.    


EUR 929M Deal on Rocky Residential Market

Sweden Sweden Heimstaden has entered a framework agreement with Magnolia Bostad for projects in Greater Stockholm and the Öresund region worth approximately EUR 929M. Fredrik Årman, Head of Transaction at Heimstaden, tells Nordic Property News on the thoughts of making a blockbuster deal on the current residential market.

Rent Levels in Gothenburg

Sweden Sweden Gothenburg is the fifth largest city in the Nordic countries and one of the fastest growing. Nordic Property News presents figures for rent levels in the city.

Stendörren Acquires from Profi

Sweden Sweden Stendörren acquires six properties in Stockholm from Profi. The transaction price is EUR 89M.

Balder an Important Partner in Väsby Entré

Sweden Sweden Fastighets AB Balder will be a so-called anchor partner in the work on Väsby Entré in Upplands Väsby, and will develop more than half of the project.

Vasakronan Acquires Retail Property in Uppsala

Sweden Sweden Vasakronan has acquired the property Dragarbrunn 18: 3 in central Uppsala from SEB Trygg Liv. The purchase price amounts to MSEK 284.5 (EUR 27.7M).