- Aligns with our strategy in acquiring underutilized warehouses/industrial properties and redeveloping them into self-storage assets in well-located areas in the Nordics, with the potential to expand into the other European markets
- This c.32,000 sq ft asset forms part of our Green Storage portfolio which is the largest private and digitized self-storage platform in Europe, where we believe this sector is one of the winning asset classes in Europe with solid supply /demand fundamentals and proven resilience
- The asset offers affordable and secure self-storage solutions with smart and digital access from entering the facility entrance to the storage unit
- Strong ESG credentials - the asset is EPC A rated and is equipped with motion sensor LED and onsite EV charging stations
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Key information
                                        Alternatives
                                    
                                                                                                                                    
                                        Sector
                                    
                            
                                        2021
                                    
                                                                                                                                    
                                        Acquired
                                    
                            
                                        Stockholm, Sweden
                                    
                                                                                                                                    
                                        Location
                                    
                            
                        Learn more about our approach to real estate
                    
                            
                *Please note that the assets shown are a select sample only and do not represent all of Nuveen Real Estate's assets. The case studies presented herein reflect an objective, non performance-based standard. It should not be assumed that any investment has been or will be profitable.