SLP utilizes building rights and builds to existing tenant
In March this year, SLP signed a seven-year lease with a global technology company regarding the entire existing area of 2,900 square meters at the Timglaset 2 property in Landskrona. There is a building right on the property which will now be used for the same tenant when an extension of 1,400 sqm will be built.
The extension of the property will be completed in the second quarter of 2024. New total annual rent will amount to 3.7 MSEK, which is fully indexed.
"In many of our properties, we have the opportunity to grow with our tenants. We are very pleased to be able to utilize existing building rights and offer our current tenant a larger area when their business grows," says Tommy Åstrand, CEO of SLP.
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. 860,000 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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