Varvsudden – an Industrial Portfolio in the Heart of Öresund

The assets are strategically situated in Varvsudden, an industrial and harbour area within Landskrona, which is approximately 40 kilometres north of Malmö, Sweden's third-largest city. 

This location is suitable for shipping companies operating in the Nordics and Baltics, as it lies at the heart of the Öresund region, one of the world's busiest maritime corridors. Moreover, Varvsudden's location provides easy access to a robust transportation network and essential infrastructure, including the E6 and E4 motorways, Copenhagen and Malmö airports, the Öresund bridge, railways, and shipping terminals.

Comprising 13 freehold properties and eight leaseholds, this portfolio amounts to a total lettable building area of 71,000 square meters. Within the area, one can find a variety of buildings, predominantly industrial facilities, complemented by office spaces and a dry dock. Oresund Dry Docks (ODD), a leading repairs- and maintenance shipyard specializing in vessels travelling, is the largest tenant, alongside several smaller industrial occupants and a school. 

This acquisition aligns with Niam's overarching strategy to expand its Niam Nordic Industrial Portfolio, focusing on aggregating a collection of light industrial logistics assets. Niam recognizes substantial development potential in this area and is committed to working closely with existing tenants as well as potential new ones. The goal is to enhance and grow Varvsudden into a thriving hub for maritime businesses through thoughtful development and strategic collaborations.