On the Continent, we have continued to observe strong performance of student housing assets. However, the latest academic year marked a material slowdown in operational performance for assets in the UK. Pricing in the sector has reflected changing fundamentals, as yields on the continent have remained stable or shown early signs of compression on a small number of markets, including Spain, Italy and Denmark.
Negative power prices are becoming an increasingly visible feature of Europe’s day ahead electricity markets. They occur when expected supply exceeds forecast demand and wholesale prices fall below zero. As a result, generators must pay to export their electricity, which forces many renewable operators either to incur losses or to self-curtail. This phenomenon has existed for several years, but its frequency and geographic reach have grown sharply in certain European markets since 2023.
Slättö, through its logistics and industrial platform Evolv, has acquired a portfolio of 24 properties primarily located in Linköping, Norrköping, Nyköping and Örebro. The portfolio consists of high-quality truck and car workshop facilities situated in regional cities with strong infrastructure access and established tenants.