Urban Partners has completed the sale of €1bn in Nordic logistics assets to Catena and Ontario Teachers' Pension Plan, marking the region's largest-ever transaction of its kind. The deal represents a significant shift in the Nordic real estate market as institutional investors continue to target logistics properties.

The sale includes a portfolio of modern warehouse and distribution facilities across Scandinavia, though specific locations were not disclosed. Catena, a leading Nordic logistics property developer, and Ontario Teachers' Pension Plan, one of Canada's largest pension funds, will now control these valuable assets. The transaction underscores growing institutional interest in Nordic logistics real estate driven by e-commerce growth and supply chain optimization.

This record-breaking deal highlights the increasing value of well-located logistics properties in Northern Europe. With retail and logistics companies expanding their Nordic operations, demand for modern distribution centers continues to outpace supply. The sale price reflects strong investor confidence in the region's long-term growth potential despite economic uncertainties.