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Sign in Sign up for a FREE subscriptionAviva Investors enters Swedish market
Aviva Investors has completed an investment to acquire a warehouse and production facility in the Helsingborg area of Sweden.
The investment represents the first transaction by Aviva Investors in the Swedish market, as it continues to build out its European real estate strategy.
Built in 2022, the property sits in the Bjuv municipality of Helsingborg East and has a total lettable area of 27,500 square meters (296,008 square feet) spread across a warehouse and production floor. The facility is fully let to an international distributor in the fresh-food industry.
“Logistics remains a core sector in our real estate strategy and one where we continue to find value,” said George Fraser-Harding, head of pan-European funds, real estate, at Aviva Investors. With low vacancy rates and high-quality assets in a geographically important location, the Nordics can offer exciting investment opportunities in a really dynamic market. Helsingborg is quickly being recognized a