Swedish real estate firm NP3 Fastigheter AB completed the purchase of 12 commercial properties across multiple cities at a combined value of SEK 442 million (approx. USD 38 million), before accounting for deferred tax. These properties, largely intended for retail and industrial use, add 41,400 square metres of lettable space with full occupancy and an average lease term of 6.3 years. Most assets have already been taken over, with two in Karlstad scheduled for transfer in early 2026. This transaction reflects NP3’s ongoing acquisition strategy and contributes to its diversified portfolio in Middle Sweden and beyond.
Swedish commercial property investor NP3 Fastigheter AB has recently completed a series of acquisitions totalling SEK 442 million (before a SEK 13 million deduction for deferred tax) through three separate transactions. These purchases add 12 properties, primarily used for retail and industrial purposes, to the company’s holdings.
The newly acquired assets are spread across several cities within NP3’s Middle Sweden business area, including Eskilstuna, Karlstad, Köping, Västerås, Katrineholm and Gällivare, among other locations. The combined lettable area of these properties is 41,400 square metres, with a land footprint of 156,700 square metres.
These properties deliver an annual rental value of SEK 37.8 million and are fully occupied. The existing lease contracts have an average remaining term of about 6.3 years. Most of the properties have already changed hands, though two in Karlstad are expected to be taken over during the first quarter of 2026.
NP3 carried out the acquisitions through a mix of two share deals and one direct property transaction. The firm focuses on cash flow oriented commercial real estate, especially in northern Sweden, with assets spanning industrial, logistics, retail, office and other segments.
Before this week’s transactions, NP3’s portfolio already covered more than 2.28 million square metres across 605 properties, with a total estimated property value near SEK 24.9 billion, according to its latest reporting. The company is listed on Nasdaq Stockholm’s Large Cap segment and has been active since its founding in 2010.
Source Reuters
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