ICA Real Estate sells logistics property in Västerås to Genesta
ICA Real Estate has sold the logistics property Saltängen 1, ICA’s warehouse facility in Västerås, to Genesta through a so called sale and lease back transaction in which ICA Real Estate has signed a 15-year lease agreement with Genesta. The property area amounts to approximately 101,000 square metres.− We are happy about the transaction and the signing of a long-term lease agreement, and look forward to a good co-operation with Genesta. The deal frees up capital to reduce ICA Gruppen’s net debt, says Mattias Lundgren, acting CEO ICA Real Estate. −ICA Sweden logistics continues its