Ness, Risan & Partners (NRP) acquires one of the largest modern logistics facilities in the Nordics. The deal is a sale-leaseback with well-known Swedish discount
retailer Rusta AB.
The top modern and newly built facility in Norrköping will measure 117.000 sqm in total, when ongoing construction of additional 46.000 sqm. is completed.
“We regard this facility as one of the finest in the Nordics and we are excited to have completed the transaction”, says Head of Transactions with NRP, Knut Ekjord.
The tenant has invested a considerable amount in automation systems in the building, which features an automation storage system with a ceiling height of more than 30 meters.
“This investment fits perfectly into our investment profile. The facility is modern and of high quality, located in a strategic location and backed by a long-term lease to a solid tenant. The property has the flexibility to meet the growth potential of Rusta”, says Fund Manager with NRP, Eirik Forthun.
Rusta AB is a pan-Nordic retailer with a total of 108 stores, of which 87 are located in Sweden, 19 in Norway and 2 in Germany. All served by the logistic facility in Norrköping. The sale-leaseback deal ensures funds for further company growth.