Infrahubs has signed an agreement to sell a new large logistics property under construction in Jonkoping to a fund managed by BlackRock.
The property is located in Sodra Stigamo, Jonkoping, close to the E4 highway with an area of c. 20,000m2.
The property is adapted for future logistics in terms of automation, environmental certification and energy. The transaction has taken place off-market.
"Demand from tenants within logistics remains high. This also creates a strong willingness to invest in the logistics market for modern and sustainable logistics properties with good locations, long leases and strong tenants. The divestment to BlackRock is further proof of this and shows that Infrahubs has a concept and offer that suit the future of logistics," said Andreas Ekberg at Infrahubs. "Our goal is to be an industry leader in sustainability. This requires that we, together with our suppliers, take into account and take responsibility for the economic, environmental and social impact of our activities on our surroundings.”
"We are pleased to present further acquisitions in line with our Nordic strategy, where modern logistics properties play an important role in building our real estate portfolio. Jonkoping is well positioned geographically with access to good infrastructure to reach many consumers, and with an environmentally certified property we will be able to create great value for our tenants and investors," said Thorsten Slyta, Managing Director and Head of Nordic Real Estate at BlackRock.
The transaction is expected to close in early January 2025.
JLL and Wistrand have acted as commercial and legal advisors to Infrahubs respectively. Linklaters has acted as legal advisor to BlackRock.
Image provided by Infrahubs.
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