Swedish real estate company Infrahubs has struck a deal to sell a 20,000 m2, soon-to-be-completed logistics facility in Jönköping, Sweden to a BlackRock-managed fund.
The property is situated in Södra Stigamo, with convenient access to the E4 highway. It is adapted to the future of logistics, by incorporating automation features, environmental certifications, and energy efficiency measures.
The closing of the off-market transaction is anticipated for early January 2025.
Andreas Ekberg of Infrahubs, said: ‘Demand from tenants within logistics remains high. This also creates a strong willingness to invest in the logistics market for modern and sustainable logistics properties with good locations, long leases, and strong tenants. The divestment to BlackRock is further proof of this and shows that Infrahubs has a concept and offer that suit the future of logistics.’
Thorsten Slytå, managing director and head of Nordic Real Estate at BlackRock, added: ‘We are pleased to present further acquisitions in line with our Nordic strategy, where modern logistics properties play an important role in building our real estate portfolio. Jönköping is well positioned geographically with access to good infrastructure to reach many consumers, and with an environmentally certified property we will be able to create great value for our tenants and investors.’
JLL and Wistrand acted as commercial and legal advisors to Infrahubs, while Linklaters advised BlackRock.
This is the second divestment by Infrahubs to BlackRock. In January, the Swedish company inked a deal for the sale of a 31,500 m2 fully-lased logistics facility in the Södra Stigamo logistics area, in Vaggeryd municipality.
Infrahubs is developing a total of 55,000 m2 of logistics space in the Stigamo area, Jönköping.
