Designed as a modern, fully automated, ultra-high-bay distribution centre, it will comprise almost 110,000 square meters upon construction to service the entire Coop store network across Sweden. Boasting towering ceiling heights, extensive cold and dry storage and 99 docks, the high-end facility will be serviced by road as well as direct railway access. 

Strategically positioned towards the Eastern edge of the Nordic Trade Triangle in Eskilstuna, the industrial town has undergone significant development in recent years. Located one hour from Stockholm, the logistics park has attracted large-scale third party logistics players drawn to its excellent connectivity to major European highways, railway networks and airports. The transaction was carried out in collaboration with Newsec, local partner of DWS in the Nordics.

“We look forward to working with Coop Logistik to deliver this state-of-the-art facility. Eskilstuna has emerged as an upcoming last-hour logistics submarket thanks to its favourable geographical position and accessibility. We will continue to focus on assets with strong tenant profiles in locations with access to large consumer markets across Europe,” said Martin Weikamp, Head of Real Estate Transactions, Northern Europe at DWS.

Nicoletta De Bona Bottegal, Portfolio Manager for Europe II at DWS added:

“This acquisition further increases Europe II’s exposure to the logistics sector by adding a top-quality prime Swedish asset to the portfolio. We are pleased with the continued development of the fund with this ninth acquisition. We remain focused on growing Europe II through an investment strategy that emphasises resilient sectors offering long-term growth, alongside achieving performance targets for our investors.”