JLL advises Urban Partners on the largest direct logistics portfolio sale in the Nordics

Stockholm, 19 February 2026 - JLL has advised the real estate specialist Urban Partners (formerly NREP) on two logistics portfolio transactions. One is the largest direct logistics portfolio exit in the Nordics in almost five years, with the buyer Catena, a Swedish-listed company specialised in logistics properties.

Located across key logistics markets, including Stockholm, Skåne, Helsinki Region, and Copenhagen, the sale to Catena encompasses >600,000 square meters across 20 modern logistics properties. The value of the portfolio is approximately € 830 million.

The second transaction is a portfolio of five high-quality logistics properties, three located in Sweden and two in Denmark. The transaction encompasses totalling 118,000 square meters. The buyer is Ontario Teachers' Pension Plan, together with its operating partner, Fokus Nordic.

A majority of the properties have been in Urban Partners' ownership for a considerable period and have been developed by them. The divestment of the logistics assets enables Urban Partners to invest in new developments and strategic acquisitions.

Tom Waite, Head of Industrial & Logistics Capital Markets EMEA, JLL, commented: "We were delighted to be able to assist Urban Partners in such a notable transaction for the Nordic region. JLL leveraged our pan-EMEA Capital Markets platform to provide a seamless execution with the highest level of service and attention throughout the transaction."

Linus Ericsson, CEO, JLL Sweden: "We are proud to have guided Urban Partners through these major portfolio deals. These contemporary, premium-grade logistics facilities represent exactly the type of assets that are attracting robust investor interest in today's market. We congratulate all parties for completing these successful transactions."

JLL acted as advisor to Urban Partners on a dual mandate alongside Colliers.