“We are pleased to acquire another property in this well-established retail area, where we already operate a Rusta store. We appreciate the mix of grocery and discount retailers on a nearly three-hectare site. The value of our portfolio focused on grocery and discount retail is approaching SEK 1.5 billion, and we are looking to acquire more—provided they meet the same high technical standards as our current assets,” says Andreas Birgersson, CEO of ABG Fastena.
“We are proud to present yet another acquisition in our growing grocery and discount retail portfolio. It consists of modern properties with stable, non-cyclical tenants in attractive micro-locations. With clear investment criteria, we continue to grow and look forward to additional high-quality acquisitions,” says Per Nisses, Head of Investor Relations at ABG Fastena.
“We continue our diligent portfolio building within grocery and discount retail. Stone by stone, we have created a portfolio with distinct characteristics, where each property contributes to a well-balanced composition. That said, we still see attractive opportunities and are eager to continue acquiring,” adds Philip Söderqvist, Head of Investments at ABG Fastena.
Following this acquisition, ABG Fastena manages 73,000 square meters across 16 properties in its grocery and discount retail portfolio. The portfolio's value is just under SEK 1.5 billion, with nearly 95 percent of rental income derived from well-known grocery and discount retailers such as Coop, Rusta, Axfood, Jysk, Dollarstore, and ÖoB.
Colliers acted as advisor in the transaction.
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