Slättö divests first phase of Klinga Logistics Park in Norrköping and starts second phase of development
A fund managed by Slättö, through the logistics and industrial team Evolv, continues the development of Klinga Logistics Park in Norrköping by divesting the first phase comprising 30,500 sqm to Niam as well as entering into lease agreement and starting construction for the second stage comprising 17,500 sqm.
The property Norrköping Hövändaren 1, comprising 30,500 sqm of fully let, BREEAM Excellent-certified logistics premises completed during 2023, has been divested to a fund managed by Niam. Closing of the transaction is planned for November 2024.
For the property Norrköping Hövändaren 2, where 17,500 sqm of logistics premises will be developed, Evolv has signed a lease agreement for 11,000 sqm with a leading industrial company. The property will be developed to reach energy class A with BREEAM Excellent certification, and completion is planned for Q4-2025.
The project also includes a third stage offering building rights for 45,000 sqm of logistics premises.
- Klinga Logistics Park is a strategically important project for us and one of the major logistics development projects in Östergötland. We are happy to attract strong interest from both investors and tenants, comments Lars Axelsson, Partner and Head of Logistics and Light Industrial at Slättö.
Klinga Logistics Park is developed through a joint venture between Slättö Value Add I, Nybrofast and private partners.
About Slättö
Slättö is a private equity real estate investor with a Nordic focus. We seek to deliver consistent market-leading returns for our investors through thematic strategies, local expertise, clear values and a committed team. The Slättö funds collectively manage assets of EUR 2.5bn. Since inception in 2013, the firm has executed +200 transactions with a total transaction value of EUR 4bn. With a forward-looking approach, we prioritise sustainability as key to the long-term success of our investments. www.slättö.se
About Evolv
Evolv is focused on development and active ownership of logistics and industrial assets. Evolv is part of Slättö and has a real estate portfolio of about 70 commercial assets based in the Greater Stockholm region, Western and Southern Sweden, and Finland.
For further information, please contact:
Lars Axelsson, Partner and Head of Logistics and Light Industrial at Slättö
Tel: +46 70 205 91 32
E-mail: lars.axelsson@evolvproperty.se
Annachiara Torciano, Head of ESG and Communications
Tel: +46 76 696 25 88
E-mail: annachiara.torciano@slatto.se
