KKR and Mirastar enter Sweden with last-mile logistics acquisition in Stockholm

KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a high-quality last-mile logistics property in Stockholm. This off-market acquisition is the first in Sweden for KKR and Mirastar, and the second in the Nordics this year for KKR through its European core-plus real estate strategy, following the acquisition of a residential portfolio in Finland in May.

The 12,500-square-meter (134,550-square-foot) new build has been developed to modern functional specifications with strong ESG credentials and will be acquired with a partial pre-leased to Adelphos Healthcare AB, a developer and marketer of healthcare products. The building is situated in Botkyrka, a prime location in southwest Stockholm, benefiting from close access to the E4 and E20 highways with an approximately 30-minute drive to the city center. The significant transport links make this a strong base for businesses supplying Stockholm, while also connecting Sweden’s capital c