SLP acquires logistics property with development potential in Eskilstuna for SEK 268.5m
SLP has today signed an agreement to acquire the property Litografen 8 in Eskilstuna, which, including building rights, has a total area of approximately 59,000 square meters. Currently, the entire building of 27,000 square meters is leased by Tamro AB, with a fully indexed lease with an annual rent of SEK 17.3 million, which runs until September 30, 2027. The seller is LogiDev AB.
"The property is in very good condition and has great potential to be environmentally certified by, among other things, installing solar cells. There is also significant potential in utilizing existing building rights and build a large extension, which would increase the annual rent in the long term," says Tommy Åstrand, CEO of SLP.
The property is acquired through a corporate transaction with planned access in May, conditional on the Swedish Strategic Products Inspectorate having made a decision to approve or leave the investment made through the acquisition without action. This is due to the fact that the existing tenant, through the warehousing of pharmaceutical, is considered to be carrying out activities worthy of protection according to the Act (2023:560) on the review of foreign direct investments.
The agreed property value amounts to SEK 268.5m and the transaction is financed with own funds.
For further information, please contact:
Tommy Åstrand, CEO of SLP, telephone: +46 705 455 997
About SLP – Swedish Logistic Property
Swedish Logistic Property - SLP – is a Swedish property company that acquires, develops, and manages logistic properties with sustainability in focus. Value growth is created through development of the properties which are located in Sweden’s most important logistic hubs. The property portfolio comprises a lettable area of approx. 980,000 sqm. SLP is a partner that takes responsibility and through this creates value for both tenants as well as for the company and its shareholders. SLP’s share of series B is listed at Nasdaq Stockholm Mid Cap. For further information about SLP: slproperty.se
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