CapMan Real Estate acquires a logistics development project situated in LogPoint South, a prime logistics hub 20 km south of Jonkoping city centre in Sweden. The investment is the first greenfield logistics development project for CapMan Real Estate. The investment is made in a joint venture with Nordsten Development. The seller is Venturi Fastigheter.
The property comprises c. 340,000m2 of land, which can be developed into 200,000m2 of prime logistic space. The property is located with strong visibility and access to Highway E4, one of Sweden’s main highways. The transaction is conditional upon the zoning plan for the property gaining legal force.
”We are excited to acquire this property for the development of prime logistic premises. This marks CapMan Real Estates' entry into the logistic development market, and it complements our existing fund portfolio very well. We have set the bar high with our ESG targets in this project, aiming for EU Taxonomy alignment and to certify the buildings with a minimum of BREEAM-SE New Construction Excellent. We look forward to developing the property into modern logistic premises attracting a diverse range of tenants, together with our partner Nordsten Development”, said Marcus Lotzman, Investment Director, CapMan Real Estate Sweden.
