Sveafastigheter, which is part of Brunswick Real Estate, has sold a real estate portfolio to Partners Group, according to a statement. PERE sister publication Secondaries Investor reported that the portfolio, which was held in Sveafastigheter Fund II, has a value of about SEK 3.2 billion (€335 million, $378 million) and includes 32 properties such as retail, office, hotel and public use properties in Sweden, Finland and Estonia.
The transaction closed on 31 August. Sveafastigheter will continue to manage the portfolio, which includes a mix of development and fully income-producing assets.
“We forecast continued strong performance in Nordic real estate markets, along with Estonia, and see a lot of potential in the assets we have acquired from Sveafastigheter Fund II,” Fabian Neuenschwander, senior vice president at Partners Group, said in the statement.
To read more, visit PERE's sister publication, Secondaries Investor.