JLL has served as advisor to Inlog for the sale of three logistics properties under construction in Norrköping, Eskilstuna and Jönköping to BlackRock. The sales have taken place in three separate transactions.
News release
01 May 2023
JLL advisor in sale of logistics properties comprising 110,000 square metres
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The properties are adapted to the logistics market of the future in terms of automation, environmental certification and energy. Solar panels will be installed on the roofs and the properties will be designed to enable the installation of automated warehouse systems.
“Demand among logistics tenants remains high. This has led to a strong willingness in the logistics market to invest in modern and sustainable logistics properties in good locations and with long-term leases and solid tenants. The sales to BlackRock are evidence of this and prove that Inlog has a concept and offering for the logistics market of the future,” says Andreas Ekberg, co-owner of Inlog.
“Despite the new market situation, we are seeing continued stable interest in modern logistics properties in attractive locations. We would like to thank both parties for good cooperation and congratulate them on the successful completion of these transactions,” says Lena Grimslätt, Senior Director of JLL Sweden.
The transactions have taken place outside the market and are expected to be finalised on completion of construction.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $20.9 billion, operations in over 80 countries and a global workforce of more than 103,000 as of December 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.