Wigge & Partners has advised Nyfosa on entering into an agreement real estate funds managed by Blackstone to divest a logistics portfolio to an approximate value of SEK 2.1 billion, in accordance with a previously announced letter of intent.
The divestment comprises of eight warehouse and logistics properties in Eskilstuna, Gothenburg, Haninge, Landskrona, Malmö, Trollhättan and Örebro with a leasable area of approximately 200,000 sqm. The rental value of the properties amounts to approximately MSEK 127 and the average remaining lease term is 4.5 years. The occupancy rate is 100 percent. The transaction will close on 15 October 2020 with the exception of the Örebro property which will close on 15 January 2022.
