GE Real Estate has sold a portfolio of 29 properties in Sweden to a new vehicle which GE established with Swedish pension organisations. The properties are located in 15 municipalities across Sweden and comprise 230,000 m[sup]2[/sup] of lettable space. The purchase price was not disclosed, but Swedish media widely reported that the transaction volume was in the region of SEK 2.5 bn (about EUR 233 mln).
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
