Press release -
Colliers advises on three major Nordic real estate transactions of SEK 16 billion (EUR 1.6bn)
Colliers has acted as sell-side advisor in three major Nordic real estate transactions. A record-high divestment across two logistic portfolios and one notable social infrastructure transaction.
The transactions have a combined value of SEK 16 billion and include 34 properties of 840,000 sqm in strategic locations across the Nordics. The portfolios, from Urban Partners and Castellum respectively, rank among the most significant transactions completed in the Nordic real estate market to date.
The Nordic region accounts for nearly 20 percent of total European real estate transaction volume over the past 12 months, underlining its position as one of Europe’s most active and liquid markets
“These transactions confirm the strength and depth of the Nordic market. Capital continues to be allocated across segments, with growing demand for prime and core assets. We are also seeing renewed activity from listed players from both the buy and sell side together with international interest. The scale of these deals clearly demonstrates continued investor confidence in the region,” says Bård Bjølgerud, CEO Nordics, Colliers.
Urban Partners exits SEK 10.5 billion of high-quality logistics assets
Urban Partners’ portfolio was divided into two major landmark logistics transactions with a combined value of SEK 10.5 billion, representing the largest logistics property transaction ever completed in the Nordics.
Sale of 20 prime logistics properties to Catena (SEK 8.8 billion, EUR 830 million)
The portfolio valued at SEK 8.8 billion totals 612,000 sqm of modern logistics properties across Sweden, Finland and Denmark. With a 97 percent occupancy rate and long lease terms, the transaction marks the largest single Nordic logistics asset transaction to date.
Sale of five logistics properties to Ontario Teachers’ Pension Plan
The second transaction includes five logistics assets of 118,000 sqm in Sweden and Denmark, located in attractive submarkets and leased to stable tenants.
Castellum: Social infrastructure portfolio to AP7
Castellum has divested nine social infrastructure properties to AP7. The portfolio totals approximately 110,000 sqm and is located in Gothenburg, Malmö, Jönköping, Örebro and Borås. The underlying property value amounts to SEK 5.6 billion.
“Logistics and social infrastructure continue to be two of the most sought-after segments in the Nordics. The combination of two major logistics portfolios and one social infrastructure portfolio shows the diversity of capital currently targeting the Nordics. It is a clear temperature check on the current market. We are pleased to have supported our clients in these important transactions, together with our professional clients and the respective buyers” says André Lundberg, Head of Capital Markets Sweden, Colliers.
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About Colliers Group
Colliers is a leading diversified professional services and investment management company. With operations in 66 countries, our 19,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 29 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. Colliers mission is to maximize the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
