Urban Partners, Suburban Properties buy seven Stockholm industrial assets from Blackstone funds

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  • Catella acted as buy-side adviser as Urban Partners, via Nordic Income +, formed a joint venture with Suburban Properties.
  • The venture bought a seven-asset warehouse and light-industrial portfolio in Järfälla, Stockholm, from Blackstone-managed opportunistic funds.
  • The portfolio totals about 17,000 sq m of leasable area; properties are managed by Mileway.
  • Urban Partners targets building a Stockholm-area warehouse and light-industrial platform valued at about SEK 2.5 billion over time.
  • The transaction was announced June 17.


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