NREP LOGISTICS AB (NREP) ACQUIRES SEK 750m LOGISTICS PORTFOLIO IN SWEDEN

The portfolio purchased from DSV constitutes three cross dockings situated in Gothenburg, Jönköping andStockholm totalling 46,000 sqm on long leases. DSV has in conjunction with the transaction prolonged the lease with NREP in its 60,000 sqm Borås asset. The property purchased from Berlinovo is a very well situated 16,700 sqm distribution centre in the port of Gothenburg occupied by the Swedish Post. The 13,300 sqm cross docking purchased from the Saudi family office is located next to the E20/E18 motorway intersection in Örebro and is let to the Swedish Post. Finally a 10,000 sqm multi let distribution centre in Rosersberg North of Stockholm has been acquired from a fund managed by Schroders.

“We are delighted that we have been able to grow our Swedish logistics portfolio with six assets in very good locations each occupied by tenants that excel in their respective businesses. The transactions place Nordic Real Estate Partners at the top of pan Nordic owners of prime logistics space with close to 500,000 sqm across the Nordics”, says Rickard S. Dahlberg.