Completed in 2024, the asset comprises 19,525 sqm of grade A logistics space and is strategically located in Torsvik, Jönköping, with direct access to the E4 motorway, at the heart of Sweden’s established logistics triangle.

The property is fully let to FREJA, a leading Nordic logistics provider, on a long-term lease. It benefits from modern, flexible specifications and is certified Miljöbyggnad Silver, reflecting strong environmental performance.

In addition, Niam recently acquired a 24,000 sqm portfolio of two modern logistics assets in Jordbro and Jönköping, leased to Rexel and Eldon/nVent, from a Nordic fund backed by international investors.

The acquisitions align with Niam’s real estate strategy of investing in well-located logistics assets in the Nordics, where supply/demand fundamentals are healthy and opportunities for value creation through active ownership are present.

“This transaction reinforces our long-term commitment to the logistics sector expanding our ~350,000 sqm portfolio through targeted acquisitions, active asset management and development. Our logistics platform is built around resilient and diversified income streams from assets that meet the growing demand for future-proof and sustainable logistics solutions. We look forward to continuing our close collaboration with our tenants,” said Henrik Gerdin, Fund Manager at Niam.