The high-quality portfolio representing approximately 85,200 sqm of retail space comprises seven properties located in Västerås, Kalmar, Österåker and Kristianstad. It is dominated by discount retailers with Bauhaus, Willys, XXL, Rusta and EKO amongst its largest tenants. It is 95 percent let with an average remaining contract period of 4.8 years.

“We are pleased to have executed this transaction on behalf of Partners Group. Over the last several years, we have implemented significant asset management initiatives, including securing large anchor tenants, the redevelopment of 8,500 sqm retail space in Västerås as well as the development of three fast food restaurants to further strengthen local service offerings. We would like to thank our local asset management partner P&E Fastighetspartner for the excellent cooperation over the years and wish Svenska Handelsfastigheter success with the continued management of this well-positioned portfolio,” comments Annika Fridolf, CEO of Fersen and Partner at Brunswick Real Estate.

“Following the sale of our Finnish holdings to Nyfosa back in 2022, we are pleased to report another major exit in the Fersen structures, with the sale of our Swedish retail warehouse portfolio, after completing several transformational value creation projects over the years,” says Jan Hannappel, Member of Management, Private Real Estate Europe at Partners Group.

 

Colliers and Kilpatrick acted as sell-side advisors in the transaction.