Savills Investment Management acquires €35.2m asset in Sweden for European Urban Logistics & Industrial Fund
June 2025
London, 17th June 2025, Savills Investment Management (“Savills IM”), the €26.2 billion (AUM) international real estate investment manager has acquired a logistics facility in Gothenburg for €35.2m from Sörred Logistikpark – the joint venture from Catena and Platzer. The acquisition was made on behalf of Savills IM’s European Urban Logistics & Industrial Fund (“EULIF”).
The newly constructed Grade A facility comprises almost 15,000 sq.m of space, which is fully leased to a Swedish multinational car manufacturer on a 10 year lease. The property is less than 2km from the Port of Gothenburg – the largest port of Scandinavia, where 30% of Swedish foreign trade passes through – and provides direct access to key motorways and routes linking to Stockholm as well as Gothenburg.
The asset is targeting a BREEAM New Construction ‘Excellent’ certification, and includes PV panels, EV charging points and district heating, in addition to green lease terms with the tenant.
The acquisition is the first in Sweden for EULIF, which currently manages assets across Germany, France and Spain, in addition to Sweden. The fund is a Core+ open ended structure and was launched in January 2023 with a strategic focus on urban logistics and light industrial properties in supply-constrained European logistics markets.
European Logistics is a key investment pillar for Savills IM, which now manages more than €6.5 billion of logistics assets across 11 countries for its various funds and mandates.
Evert Castelein, Head of Logistics & Industrial Europe, Savills IM, said:
"The fund’s acquisition strategy focusses on core European markets benefitting from the most favourable supply-demand dynamics and strong rental growth potential. Our local presence and knowledge in these markets provides us with access to opportunities that help drive income-return resilience and alpha generation for our investors.
“We believe the asset is an excellent addition to the fund’s diverse and defensive portfolio, which forms part of Savills IM’s wider conviction and market-leading presence in the European logistics market.”
Lisen Heijbel, Head of Investment, Nordics at Savills IM, said:
“We have an established track record in the Nordics, with our large on-the-ground team having been active in the region since 2007, delivering positive income and total returns for our investors in that period.
"We’re seeing increasing investor interest in the Nordic logistics market, driven by strong fundamentals and growing demand. Yields have started to compress, which underscores the sector’s attractiveness and long-term potential.”
DLA Piper, WSP, PWC and Savills were advisers to Savills IM.
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Josh Carson
Montfort Communications
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savillsim@montfort.london
"Our local presence and knowledge in these markets provides us with access to opportunities that help drive income-return resilience and alpha generation for our investors."