Colliers advises on Nordic real estate deals worth €1.6b

Colliers has acted as the sell-side advisor for three major Nordic real estate transactions, collectively valued at nearly SEK 16 bn (€1.6 bn).

Colliers Nordics

The portfolios, originating from Urban Partners and Castellum, encompassed 34 properties totalling 840,000 m2 in prime locations across the Nordics, making them some of the largest ever completed in the region.
Urban Partners’ portfolio was split into two logistics transactions with a combined value of SEK 10.5 bn (€1 bn), representing the largest logistics property transaction in Nordic history:
A portfolio of 20 prime logistics properties was sold to Catena. Valued at SEK 8.8 bn (€830 mln), it comprises 612,000 m2 of modern logistics properties across Sweden, Finland, and Denmark. With a 97% occupancy rate and long lease terms, it represents the largest single Nordic logistics asset transaction to date.
Five logistics properties totalling 118,000 m2 in attractive submarkets of Sweden and Denmark, leased to stable tenants, were sold to OTPP.
Separately, Castellum divested nine social infrastructure properties to AP7. This portfolio totals approximately 110,000 m2 and is located in major Swedish cities, including Gothenburg, Malmö, Jönköping, Örebro, and Borås, with an underlying property value of SEK 5.6 bn (€530 mln).
The Nordic region's robust real estate market has accounted for nearly 20% of Europe's total transaction volume over the past 12 months, solidifying its position as one of the continent's most active and liquid markets.
Bård Bjølgerud, CEO Nordics at Colliers, said: “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 on both the buy and sell sides, alongside strong international interest. The scale of these deals clearly demonstrates continued investor confidence in the region.”
André Lundberg, head of Capital Markets Sweden at Colliers, added: “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 region."