Slättö expands its logistics and light industrial portfolio in Stockholm, Gothenburg and Helsinki
Slättö, through its logistics and light industrial team, Evolv, expands its portfolio by acquiring ten properties in strong locations in Stockholm, Gothenburg and Helsinki with an underlying property value of 455 MSEK.
The transactions include three last-mile logistics terminals and seven light-industrial assets in prime locations such as Arninge and Länna in Stockholm, Ringön and Backa in Gothenburg, and Tattariharju in Helsinki. The properties have been acquired through six separate transactions during the first two quarters of 2023.
As part of the value creation plan for the assets, Slättö and the Evolv team will carry out environmental and energy assessments to increase energy efficiency and seek certification through Miljöbyggnad iDrift or BREEAM In-Use.
- We maintain a strong conviction in our roll-up strategy comprising acquisitions of small and mid-sized properties. Slättö has secured some 70 assets across all its funds over the last five years, says Lars Axelsson, Partner at Slättö and Head of Evolv. A challenging market environment has created an attractive deal flow, suggesting a positive start for this strategy within the Slättö Value Add II fund. We are also very happy to welcome 12 new tenants to our portfolio.
- We are pleased to continue our expansion in Finland. The last-mile logistics terminal in Tattariharju is a perfect asset for our Helsinki portfolio and our intention is to continue to be an active buyer in the Finnish market, comments Ilkka Salminen, Country Head Finland at Slättö.
About Slättö
Slättö is a partner-owned manager of alternative investment funds with a focus on investments in Nordic real estate. The funds collectively manage assets of EUR 1.6 bn. Since inception in 2013, the firm has, with a strong track record, raised eight funds and executed more than 200 transactions with a total transaction value of EUR 3 bn.
About Evolv
Evolv is focused on the development and active ownership of logistics and industrial assets. Evolv is part of Slättö and has a real estate portfolio of about 50 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, Slättö, and Head of Evolv
Tel: +46 70 205 9132
E-mail: lars.axelsson@evolvproperty.se
Ilkka Salminen, Country Head Finland
Tel: +35 850 341 7441
E-mail: ilkka.salminen@slatto.se
Annachiara Torciano, Head of ESG and Communications
Tel: +46 76 696 25 88
E-mail: annachiara.torciano@slatto.se
