ABG Fastena laid the foundation for the portfolio at the end of 2020 with the acquisition of three grocery-anchored properties. Since then, ten additional transactions have been completed. Almost half of the rental income is generated from grocery retail, while 45 per cent comes from discount retail.

“We are very proud of the portfolio we have built and congratulate Svenska Handelsfastigheter on this valuable addition,” says Andreas Birgersson, CEO of ABG Fastena. “Our work has been methodical and from the outset, we have stayed true to our strategy of focusing on technically sound properties in prime locations, with a clear and well-defined retail offering.”

“This transaction clearly demonstrates how we create value for our investors,” says Per Nisses, Head of Investor Relations at ABG Fastena. “Through a disciplined investment approach, we have delivered a strong total return over the past five years, despite a challenging real estate market. It highlights the strength of our investment philosophy and our long-term focus on quality.”

“Over five years and through eleven transactions, we have built a clearly niched portfolio of the highest quality,” says Philip Söderqvist, Head of Investments at ABG Fastena. “It is gratifying to see that this meticulous platform build-up has yielded results through this sale.”

CBRE acted as advisor to ABG Fastena in the transaction.