SLP completes another sale and lease back deal
SLP has today acquired a major logistics property in Nässjö, Svedjan 1. The property has a total lettable area of approximately 12,700 sqm. and is currently let to Industrilås i Nässjö AB with a nine-year lease. SLP will take possession of the property on 30 June 2022.
The seller of the property is a company within the same group as Industrilås i Nässjö and the transaction has taken place off-market. The underlying property value is approximately SEK 68 million and the property generates a rental value of approximately SEK 4.8 million which is 100 percent indexed.
“We are pleased to be able to do a sale and lease back deal again as we know that the tenant is familiar with the property and that SLP can contribute through efficient management with our organisation, experience and sustainability focus,” says Peter Strand, CEO of SLP.
Industrilås has grown over 40 years to its current position as one of the world’s leading suppliers of locking solutions for all types of industrial applications.
“We have had our business at Svedjevägen 1 for many years, the location and premises suit us well. With SLP now taking over as property owner, we can focus on our core business and trust SLP to help us when we want to develop the property,” says Fredrik Mölzer, Chairman of the Board of Industrilås i Nässjö AB.
For further information, please contact:
Peter Strand, CEO of SLP, telephone: +46 705 881 661
About SLP – Swedish Logistic Property
SLP – Swedish Logistic Property – is a Swedish real estate company with a focus on logistics properties. Since its inception, the company has maintained a high pace and in a short time has completed several high-profile acquisitions. SLP has a high ambition regarding sustainability and works responsibly from environmental perspectives. The company’s property portfolio comprises a lettable area of approximately 670,000 square meters. SLP’s share of series B is listed on Nasdaq Stockholm. For further information: slproperty.se
Tags:
