The divestment comprises of eight warehouse and logistics properties in Eskilstuna, Gothenburg, Haninge, Landskrona, Malmö, Trollhättan and Örebro with a leasable area of approximately 200,000 sqm. The rental value of the properties amounts to approximately MSEK 127 and the average remaining lease term is 4.5 years. The occupancy rate is 100 percent. The transaction will close on October 15, 2020 with the exception of the Örebro property which will close on January 15, 2022.

“Through this divestment in the logistics segment, we are strengthening the balance sheet for new acquisitions with a focus on growing  strong and stable cash flows. We have maintained a high transaction rate to date this year, and we plan to continue this momentum,” says Stina Lindh Hök, COO and incoming CEO of Nyfosa.