AXA acquires Nordic logistics properties in major trade

A portfolio of 20 logistics properties and a total of 515,000 square kilometers across the Nordic region waves goodbye to an NREP fund, instead changing hands to asset manager AXA Investment Managers, which has clear growth ambitions in the region.

Photo: Styrelsen for Dataforsyning og Effektivisering

French asset manager AXA Investment Managers (AXA IM) has just acquired 515,000 square kilometers of logistics properties from NREP in Norway, Sweden, Finland and Denmark, parties inform AMWatch's Danish sister media, EjendomsWatch, in a statement.

"This is a rare opportunity to acquire a large, high-quality portfolio in one of Europe's fastest-growing logistics markets. The portfolio provides us with an attractive mix of increased income here and now, but in the long term as well," says John O'Driscoll, global head of investment at Axa IM, which is carrying out the purchase on behalf of its investors.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

PFA says three big changes will bring better returns

To get returns on the same level as other pension firms, PFA has made three big changes to its portfolio, including taking on more risk, says the firm, which doesn't fear a backlash from this year's predicted unsteady market.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch