Nordic real estate manager Areim has invested an unspecified amount to acquire eight light industrial properties in V盲ster氓s in Sweden from Castellum.
Areim said the assets in the 17,000sqm portfolio are located in the H盲lla and Hacksta industrial areas.
The properties are 96% leased to a mix of tenants, Areim said, adding that it intends to increase the properties鈥� sustainability by adding features like solar panels and energy-efficient upgrades.
Over the past year, Areim has expanded its Swedish light industrial portfolio, increasing its size from approximately 210,000sqm to 256,000sqm. The portfolio now includes around 60 properties in Greater Stockholm, Uppsala, Gothenburg and V盲ster氓s, as well as substantial unused building rights and ongoing development projects.
Jesper War茅n, the head of light industrial investments at Areim, said: 鈥滻t is exciting to establish ourselves in V盲ster氓s, a city with a strategic geographical location and strong local growth. The properties are centrally located in a good cluster and further strengthen our portfolio in the light industrial sector.
鈥淲e will implement various measures to improve the properties鈥� energy performance in line with our strategy.鈥�
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