CapMan Real Estate Acquires Logistics Project Outside Gothenburg
Deal News | Jan 16, 2025 | Capman Growth
CapMan Real Estate, through its Nordic Real Estate III fund, has signed an agreement with Mitsubishi Logisnext Europe AB to acquire a brownfield logistics development project situated in Mölndal, near Gothenburg, Sweden. The project involves demolishing outdated industrial buildings to construct a modern logistics facility aligned with the EU taxonomy. The facility will offer around 43,000 m2 of high-quality logistics space, intended to be operational by the summer of 2026. CapMan Real Estate aims for the upgraded development to achieve BREEAM-SE v.6 New construction certification at the 'Excellent' level and an energy performance rating of B. CapMan Real Estate's investment strategy focuses on high-demand logistics spaces, with this project marking the 6th investment in Sweden for the CMNRE III fund. CapMan is a prominent Nordic private asset expert with approximately €6 billion in assets under management. Legal advice for the acquisition was provided by Mannheimer Swartling.
Sectors
- Real Estate
- Logistics
- Private Equity
Geography
- Sweden – The logistics project is located in the Gothenburg region, making Sweden a central geographical focus for CapMan's recent expansion in the Nordic logistics market.
- Nordics – The location's strategic significance as a logistics hub in the Nordic regions underscores its importance in regional trade and development.
Industry
- Real Estate – The article discusses the acquisition of a real estate project and the development of a logistics facility, emphasizing CapMan Real Estate's involvement in the real estate sector.
- Logistics – The core focus of the acquisition and future development relates to logistics facilities, highlighting the importance of logistics infrastructure in CapMan's strategic investment plans.
- Private Equity – CapMan, a private equity firm, is expanding its investment portfolio with this acquisition. It reflects the firm's strategy to optimize and leverage asset values across various sectors.
Financials
- Approximately 43,000 m2 – The size of the logistics facility to be developed in the acquired project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CapMan Real Estate | Acquirer | Company | A division of CapMan, focusing on real estate investments, and the acquirer of the logistics project. |
| Mitsubishi Logisnext Europe AB | Vendor | Company | The selling company of the brownfield logistics project in the Gothenburg region. |
| Marcus Lotzman | Head of Transactions, CapMan Real Estate Sweden | Person | Responsible for overseeing transactions in Sweden for CapMan Real Estate and commented on the acquisition. |
| Mannheimer Swartling | Legal Advisor | Company | Provided legal advisory services for CapMan Real Estate in this transaction. |