CapMan Real Estate Acquires Strategic Brownfield Logistics Project Near Gothenburg to Expand Swedish Market Presence

CapMan Real Estate Acquires Strategic Brownfield Logistics Project Near Gothenburg to Expand Swedish Market Presence

(IN BRIEF) CapMan Real Estate has acquired a brownfield logistics development project near Gothenburg, Sweden, set to replace outdated industrial buildings with a modern EU Taxonomy-aligned logistics facility. The new 43,000 m2 facility will feature multiple tenant spaces and aims for high sustainability standards, including BREEAM certification and a 90% waste recycling rate. Positioned in a prime logistics hub, the project will strengthen CapMan’s presence in the Swedish market. The acquisition is set to close in Q1 2025, marking the sixth investment for CapMan Nordic Real Estate III in Sweden.

(PRESS RELEASE) HELSINKI, 18-Jan-2025 — /EuropaWire/ — CapMan Real Estate has entered into an agreement with Mitsubishi Logisnext Europe AB to acquire a brownfield logistics development project located just outside Gothenburg, Sweden. The project, situated in one of the Nordic region’s leading logistics hubs, will see the demolition of existing outdated industrial buildings, making way for the construction of a modern logistics facility that meets EU Taxonomy standards. The facility is set to offer high-quality logistics spaces designed for multiple tenants, further expanding CapMan Real Estate’s presence in the Swedish logistics market.

Located in Mölnlycke, along Highway 40, the project site is positioned strategically outside central Gothenburg. This area, which is home to the largest port in the Nordics, serves as a key point in the “Logistic Triangle,” connecting the Nordic capitals. With high demand and low vacancy rates for logistics spaces in the region, this project is poised to meet the growing needs of the sector.

The planned logistics facility will span approximately 43,000 m2 and will consist of up to six units, providing versatile spaces for potential tenants. The development aims for BREEAM-SE v.6 New construction certification at an “Excellent” level, as well as an energy performance certificate rating of B. In addition, the project will target a waste recycling rate of at least 90%, with the goal of reusing materials from the demolition process in the new development.

Marcus Lotzman, Head of Transactions at CapMan Real Estate Sweden, expressed his enthusiasm about the acquisition: “We are thrilled to secure this project in such an outstanding logistics location near central Gothenburg, allowing us to further strengthen our footprint in the Swedish logistics market. We are excited to develop a state-of-the-art, sustainable facility and attract tenants who recognize the unique value of this location.”

The acquisition is expected to close in the first quarter of 2025, with legal advisors from Mannheimer Swartling assisting CapMan Real Estate in the transaction.

CapMan Real Estate currently manages real estate assets worth approximately €4.4 billion, supported by a team of over 80 professionals based in Helsinki, Stockholm, Copenhagen, Oslo, London, and Jyväskylä. This acquisition marks the 6th investment in Sweden for the CapMan Nordic Real Estate III fund, which focuses on value-add investments primarily in Nordic office, logistics, and selected residential assets.

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and €6 billion in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001. www.capman.com

Media Contact:

Marcus Lotzman
Head of Transactions
CapMan Real Estate Sweden
+46 706 806 081

SOURCE: CapMan