Swedish Logistic Property completed the acquisition of five Swedish logistics assets of Barings for €122m.

Swedish Logistic Property, a property company, completed the acquisition of five Swedish logistics assets of Barings, a global investment management firm, for €122m. “Having executed our business plan against these assets, completing this sale marks the latest success for the local team, which has been delivering excellent asset management initiatives on our portfolio as well as having secured this deal off-market. With investment appetite for the logistics sector still strong heading into the new year, we are hopeful to continue this momentum and explore further value-add and core/core+ opportunities in the Swedish market. In addition to logistics, build-to-rent and build-to-sell residential are the major sectors we are focussing on across the Nordics,” Andreas Norberg, Barings Real Estate Managing Director and Head of Nordics.