URBZ leases 9,000 sqm in Södertälje to Scania

 

URBZ Capital leases c. 9,000 sqm logistics space in Södertälje (Sweden) to Scania

On behalf of La Caisse, URBZ Capital (“URBZ”) has successfully signed a lease agreement for approximately 9,000 sqm of high-quality logistics space in Södertälje, Sweden, to Scania on a long-term basis.

The asset is located in one of Sweden’s key industrial and logistics hubs just South of Stockholm, offering strong connectivity to a large consumer base and direct access to core infrastructure. The building clearly stands out in the local market, combining modern technical specifications with a high-quality design and strong ESG credentials, including sustainable construction features and significant availability for both truck and passenger vehicle charging.

This level of quality and flexibility, combined with the strategic location, were key elements for Scania in selecting the asset as a long-term operational hub. The tenant has already taken occupation, with operations commencing immediately.

This transaction marks an important leasing milestone for URBZ in Sweden. While leasing conditions remain more challenging in the current market, the letting underlines continued demand for best-in-class logistics space that meets modern occupier requirements.

 Sabine Bentvelzen, Director Asset Management at URBZ Capital, commented:

“This letting highlights exactly what drives performance in today’s market: quality, location and relevance to the end-user. The building clearly differentiates itself through its specifications and ESG profile, and we are pleased to secure a long-term commitment from a strong occupier like Scania. It is an important step in further building our presence in Sweden.”

 URBZ was advised by Cushman & Wakefield in this transaction.