Updated Dec 19, 2023
AXA IM Alts Acquires Nordic Logistics Portfolio In €168B Deal
Norway, Europe
$168,000,000,000
Building Size
—
Asset Type
Industrial
Closing
Dec 7, 2021
About this deal
AI
The Nordic Logistics Portfolio, located in Norway, Sweden, Denmark, and Finland, was recently involved in a closed transaction. The industrial asset class property was purchased for a staggering €168,000,000,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: €168,000,000,000
- Vendor: NREP - Matthias Kettelhoit
- Purchaser: AXA IM Alts - John O'Driscoll
Matthias Kettelhoit, representing NREP, acted as the vendor in this deal, while John O'Driscoll from AXA IM Alts served as the purchaser.
The industrial sale at Norway, Europe sold for $168B in 2021. Norway, Europe is classified as Industrial on Traded. This page is the market file for the Norway, Europe industrial sold: pricing, party profiles, and other closed industrial comps from the same area sit in the Market section below. Filter that local industrial set by closing date to see what else sold near Norway, Europe around 2021. Published consideration for Norway, Europe is $168B, dated 2021. Cite this AXA IM Alts Acquires Nordic Logistics Portfolio In €168B Deal sale when underwriting similar industrial product.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.00%
Cash-on-Cash
-0.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93