Partners Group has entered into an agreement to sell a Swedish retail warehouse portfolio to Svenska Handelsfastigheter for approximately SEK 1.3 billion ($122 million).
The portfolio was held in the Sveafastigheter Fersen and Sveafastigheter Fersen II structures and has been managed by Brunswick Real Estate on behalf of Partners Group since 2015. Closing of the transaction was planned for May 30.
The high-quality portfolio representing approximately 85,200 square meters (917,085 square feet) of retail space comprises seven properties located in Västerås, Kalmar, Österåker and Kristianstad. Bauhaus, Willys, XXL, Rusta and EKO are among its largest tenants. It is 95 percent let, with an average remaining contract period of 4.8 years.
“We are pleased to have executed this transaction on behalf of Partners Group,” said Annika Fridolf, CEO of Fersen and partner at Brunswick Real Estate. “Over the last several years, we have implemented significant asset ma
