Sveafastigheter acquires 32 grocery stores in Sweden
Sveafastigheter’s third fund, Sveafastigheter Fund III, has acquired a portfolio of 32 grocery stores in Sweden with Coop and ICA as the principal tenants. The seller is CBRE Global Investors.Sveafastigheter Fund III has made the acquisition together with Scius Partners. The properties are small and mid-sized grocery stores within the supermarket and neighbourhood-store segments located in southern and central Sweden. The portfolio, acquired from CBRE Global Investors, has an underlying property value of approximately EUR 47 million. The lettable area totals approximately 48,800 sqm.