Areim acquires six new light industrial properties in Sweden

Nordic fund manager Areim has expanded its holdings in Norrköping, Sweden, by purchasing six light industrial properties totalling around 35,000 m2. 

Industrial property in Norrköping, Sweden

This move not only marks their second investment in the city's light industrial sector but also solidifies their long-term commitment to the area.

The acquired portfolio features a mix of spacious, contemporary warehouse and light industrial facilities, with about 75% currently leased to a diverse group of established national and international industrial and service companies. One property is strategically located near the E4 motorway in the Jursla industrial zone, while the other five are clustered together in the Slottshagen industrial area, right next to the port.

Areim plans to actively manage these properties by focusing on leasing, development, and customising spaces to meet tenant needs and support their growth. Simultaneously, they will implement targeted upgrades to improve the properties' overall quality and energy efficiency.

This latest acquisition in Norrköping enhances Areim's existing portfolio, which already spans Greater Stockholm, Uppsala, Gothenburg, Västerås, and Linköping. Their expanded portfolio now comprises approximately 110 properties with roughly 430,000 m2 of rentable space, alongside considerable undeveloped building rights and ongoing development projects.

The transaction involved Setterwalls as legal advisor for Areim, Glimstedt as the seller’s legal advisor, and Angermann as the sell-side advisor.