Truck facilities account for 40% of the portfolio’s rental value and are leased long-term to Bilia for Volvo Trucks sales and service. The car workshop facilities are leased and operated by Rejmes, recently acquired by Liljedahl Group, and are primarily configured to the Volvo VRE standard. Automotive retail space represents twelve percent of the total rental value. 

The portfolio comprises 81,000 sqm of lettable area across 476,000 sqm of land, with a weighted average lease duration of twelve years. 

“Vehicle-related operations are a major part of industrial business parks, but many properties are purpose-built for car retail with limited flexibility. Even as the car retail landscape changes, the long-term requirement for maintenance and repair will remain strong.  These assets are exceptionally well suited for such uses.  We are grateful to the Rejme/Knopf family for the opportunity to acquire the portfolio and look forward to working with Bilia and Rejmes and support their continued delivery of high-quality services,” says Lars Axelsson, Partner and Head of Logistics and Light Industrial at Slättö. 

PWC and Setterwalls acted as advisors to the seller. MSA, Bloc Tax and WSP acted as advisors to Slättö. Closing of the transaction is scheduled for November 2025 and is contingent on FDI approval.  

During the summer of 2025, Slättö also acquired two modern light-industrial properties in Norrtälje, fully let to Wangeskog and Hyreslandslaget, further broadening the portfolio with high-quality assets and expansive tenants. 

Following these recent transactions, the light-industrial portfolio of Slättö’s latest value-add fund, Slättö Value Add III, has reached a property value of SEK two billion since its first acquisition in November 2024. 

“Light industrial is a prioritised investment theme for Slättö. Fundamentals in this segment are showing strength, with low vacancy rates and slightly compressing yields. Our strategy is to execute targeted acquisitions, actively manage assets to build strong tenant relations and increase property values”, says Lars Axelsson, Partner and Head of Logistics and Light-Industrial at Slättö.