The property comprises of approx. 340,000 square meters of land, which can be developed into 200,000 square meters of prime logistic space. The property is located with strong visibility and access to highway E4, one of Sweden’s main highways. The transaction is conditional upon the zoning plan for the property gaining legal force.

The Jönköping area is ranked as the third best logistic hub in Sweden by the industry business paper Intelligent Logistik. Jönköping is located in the centre of the “Logistic Triangle”, which connects the capital cities of Scandinavia, providing access to 80 percent of the Swedish population within a radius of 400 kilometres. The area holds several modern logistic properties and is favoured by many companies due to its proximity to major highways.

”We are excited to acquire this property for development of prime logistic premises. This marks Capman Real Estates entry into the logistic development market, and it complements our existing fund portfolio very well. We have set the bar high with our ESG targets in this project, aiming for EU Taxonomy alignment and to certify the buildings with a minimum of BREEAM-SE New Construction Excellent. We look forward to developing the property into modern logistic premises attracting a diverse range of tenants, together with our partner Nordsten Development”, says Marcus Lotzman, Investment Director, Capman Real Estate Sweden.

This is the 14th investment of the Capman Nordic Real Estate Fund III.