US REIT WP Carey has acquired a logistics facility in Oskarshamn, Sweden from the developer for SEK 216 mln (€23 mln).
US REIT WP Carey has acquired a logistics facility in Oskarshamn, Sweden from the developer for SEK 216 mln (€23 mln).
Completed in March 2015, the facility is net leased to Scania, a manufacturer of commercial vehicles, with around 15 years remaining on the lease.
'We are pleased to complete this transaction and secure another high-quality asset in the Nordic region that is positioned to deliver current income and add long-term value to WP Carey's portfolio,' said Arvi Luoma, executive director of WP Carey.
