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Alecta JV sells SEK3.8 billion logistics portfolio to Prologis

A SEK3.8bn (€365m) logistics joint venture between Sweden’s largest pension fund Alecta and local property firm Bockasjö has been sold to US sector specialist Prologis.

Bockasjö announced the deal yesterday, saying the portfolio of the Logistikfastigheter Sverige venture was being acquired by Prologis’ European fund Prologis European Logistics Fund (PELF).

IPE Real Assets – 03 April 2019