Logistea AB (publ) (OM:LOGI A) entered into an agreement to acquire two properties in Karlstad and Nybro from Ilja Batljan Invest Ab on December 22, 2023. The Properties has an underlying property value of SEK188.8 million and a lettable area of approximately 24,200 sq.m. The annual rental income amounts to approximately SEK 14.2 million with an average remaining lease term of approximately 9 years. The transaction is conditional upon the approval at an extraordinary general meeting in Logistea and it is financed through a bank loan, own funds and through a seller promissory note amounting to SEK 20 million.

Closing of the transaction is expected to take place on 31 January 2024.