CBRE and Allianz go on Nordic shopping spree and acquire logistics real estate portfolio

The two asset managers acquire a portfolio consisting of eight logistics properties in Sweden and Denmark from Oslo-based NRP.

The two asset managers join forces and acquire a portfolio of eight logistics properties in Denmark and Sweden. | Photo: PR.

CBRE Global Investment Partners (GIP) and Allianz Real Estate have joined forces and acquired a Nordic logistics portfolio through a Norwegian fund vehicle managed by Ness, Risan & Partners (NRP), writes Allianz in a company announcement.

"The portfolio is a good platform for continued growth in the Nordics. It is diversified, with solid long lease contracts and a definite potential to create further value," says Hugues Braconnier, head of logistics at Allianz Real Estate.

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