Niam bolsters Swedish portfolio with logistic asset in Norrköping

The newly constructed 30,412 m2 logistics facility, completed in 2023, is BREEAM Excellent certified and fully leased to logistics provider Emotion Logistics.

It strategically benefits from its prime location within a major logistics hub near Norrköping, a key development project in Östergötland, offering access to major highways, rail networks, and ports.

The acquisition is scheduled to close in November 2024.

Henrik Gerdin, Fund manager, Niam stated: ‘The acquisition of Klinga Logistics Park marks a strategic step forward in our logistics sector expansion, strengthening our commitment to stable income streams and a robust, future-proof logistics portfolio. With its BREEAM Excellent certification and sustainable design, prime location, and high-quality tenant, the property not only enhances Niam’s logistics footprint – now totalling over 400,000 m2 across the Nordics – but also supports our commitment to meeting the region's growing demand for sustainable logistics solutions.’

Lars Axelsson, partner and head of Logistics and Light Industrial at Slättö, added: ‘ Klinga Logistics Park is a strategically important project for us and one of the major logistics development projects in Östergötland. We are happy to attract strong interest from both investors and tenants.’

Following the divestment of the first phase of the Klinga Logistics Park to Niam, Slättö has now initiated the second phase of development. This phase involves the construction of a 17,500 m2 logistics facility, with 11,000 m2 already secured by a long-term lease agreement with a leading industrial company. The property, aiming for an energy class A rating and BREEAM Excellent certification, is expected to be completed in Q4 2025.

The project encompasses a third development stage, offering building rights for an additional 45,000 m2 of logistics space.

Klinga Logistics Park is a joint venture between Slättö Value Add I, Nybrofast, and private partners.