Recent work | December 7, 2021

Roschier acted for AXA IM Alts in the acquisition of a large Nordic logistics portfolio

AXA IM Alts, a global leader in alternative investments, has completed the acquisition of a 515,000 sqm portfolio of logistics assets spread across Norway, Sweden, Denmark and Finland, from NREP. Logicenters, NREP’s logistics platform, will continue to operate the facilities. Roschier represented AXA IM in the acquisition. 

The portfolio comprises a combination of predominantly modern Grade-A last-mile and regional logistics warehouses, which are almost fully occupied with an attractive average lease length in excess of seven years.

16 of the 20 properties in the portfolio are located within the Nordic logistics triangle, which has population of 15 million people and benefits from strong arterial and infrastructure connectivity. The majority of the portfolio by value (57%) is located in Sweden, with the remainder split between Norway (19%), Denmark (13%) and Finland (11%).

Roschier’s main advisory team comprised Lisa Hybbinette, Malou Scherlin, Chrissa Karambotis, Mahir Silajdzic,  Antti-Jussi Partanen and Tuure Leponiemi.