Nordic real estate manager Areim has acquired nine light industrial properties in Sweden for an undisclosed sum.

Areim said the acquisition of the 17,000sqm portfolio in VästerÃ¥s, increases its local portfolio size to approximately 57,000sqm and expands its total light industrial portfolio in Sweden to roughly 356,000sqm.

Areim said the acquired properties, which are 95% let across the Hälla, Erikslund and Bäckby industrial areas, will undergo targeted updates to improve their quality and sustainability profiles.

Jesper Warén, head of light industrial investments at Areim, said: â€œWe continue to see significant potential in regional cities. VästerÃ¥s shows strong local growth and remains a key market for Areim. With this latest acquisition, we are increasing our footprint in the city and reinforcing our long-term commitment to the light industrial sector.

“We remain focused on enhancing the properties in line with our strategy, developing well-functioning assets that add lasting value to both tenants and the surrounding areas.�

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