Key Takeaways
- • Brookfield, through its Private Real Estate Solutions strategy (BRES), is recapitalizing a 33-asset light-industrial portfolio in Sweden acquired from EQT.
- • The portfolio spans 144,000 square meters, comprising warehouses, light-industrial properties and last-mile assets with high occupancy.
- • Brookfield will be majority owner through a joint venture with local operating partner Broadgate, which has managed the assets for several years and will reinvest in the transaction.
- • Latham & Watkins LLP advised Brookfield, with a private equity real estate team led by partner Otto von Gruben.
Summary
Latham & Watkins LLP has advised Brookfield on a joint venture to acquire a portfolio of light-industrial assets in Sweden from EQT, according to a Latham & Watkins announcement dated December 2, 2025. Brookfield is executing the transaction through its Private Real Estate Solutions strategy (BRES), recapitalizing a portfolio of 33 modern light-industrial assets located in infill markets in Greater Stockholm and Mälardalen, one of Sweden's most dynamic economic regions.
Brookfield will hold the majority stake in the assets. It has formed the joint venture with Broadgate, a local operating partner and entrepreneurial asset manager that has managed the portfolio for the past several years and will reinvest in the transaction. The announcement did not disclose the purchase price or other financial terms.
The portfolio totals approximately 144,000 square meters and largely consists of warehouses, light-industrial properties and other last-mile uses. Per the announcement, the assets carry high occupancy rates and are anchored by a diversified tenant base that includes several blue-chip firms.
The Latham & Watkins team was led by private equity real estate partner Otto von Gruben and associate Ivo Wanwitz, with associates Christopher Cox, Sebastian von Hornung, Marie-Christine Welp and Astrid Preuss. Associates Anna-Maria Kuckerz and Verena Birke advised on finance matters.
Brookfield will hold the majority stake in the assets. It has formed the joint venture with Broadgate, a local operating partner and entrepreneurial asset manager that has managed the portfolio for the past several years and will reinvest in the transaction. The announcement did not disclose the purchase price or other financial terms.
The portfolio totals approximately 144,000 square meters and largely consists of warehouses, light-industrial properties and other last-mile uses. Per the announcement, the assets carry high occupancy rates and are anchored by a diversified tenant base that includes several blue-chip firms.
The Latham & Watkins team was led by private equity real estate partner Otto von Gruben and associate Ivo Wanwitz, with associates Christopher Cox, Sebastian von Hornung, Marie-Christine Welp and Astrid Preuss. Associates Anna-Maria Kuckerz and Verena Birke advised on finance matters.
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