“We are delighted to have completed this transaction. The portfolio is very much a perfect match for what we’re looking for: straightforward premises in good technical condition with strong tenants, complemented by an average lease term of eight years. We’re particularly pleased that the portfolio spans Sweden’s three metropolitan regions, and with this acquisition we’re establishing a presence in warehouse and light industrial properties in the Öresund region as well. Our ambition is to make further acquisitions there,” says Andreas Birgersson, CEO of ABG Fastena.

“Three metropolitan regions in a single transaction doesn’t happen every day. With a combined lettable area of 26,900 square metres and a plot area of 62,000 square metres, this is a significant addition to our I&L portfolio. Strong tenants, high technical quality and long lease terms – that’s exactly the type of deal we’re looking for,” says Per Nisses, Head of Investor Relations at ABG Fastena.

Savills advised the seller on the transaction.