Logistea AB (publ) has closed the transaction of the site leasehold to the property Busterud 1:161 in Karlstad and the property Skiffern 2 in Nybro (the “Properties”). The Properties has an underlying property value of MSEK 188.8 and a lettable area of approximately 24,200 sq.m. The annual rental income amounts to approximately MSEK 14.2 with an average remaining lease term of approximately 9 years.

Logistea increases its property portfolio and has today closed the transaction of the site leasehold to the property Busterud 1:161 in Karlstad (“Busterud”) and the property Skiffern 2 in Nybro (“Skiffern”) from Ilja Batljan Invest AB.

Busterud was completed in 2020 and has a total lettable area of approximately 4,200 sq.m. The tenant is GDL AB which leases all areas within the property through a triple-net lease agreement with lease term until 2030-01-31. The annual rental income amounts to approximately MSEK 4.0 (excluding rent supplements and property tax).

Skiffern was completed in 2019 and has a total lettable area of approximately 20,000 sq.m. The tenant is Royal Design AB which leases all areas within the property through a triple-net lease agreement with a lease term until 2034-08-31. The annual rental income amounts to approximately MSEK 10.2 (excluding rent supplements and property tax).

The transaction is financed through a bank loan, own funds and a through a seller promissory note amounting to MSEK 20.

For further information, please contact

Niklas Zuckerman, CEO Logistea
Niklas.zuckerman@logistea.se

About Logistea AB (publ)

Logistea is a Swedish real estate company focusing on warehousing, logistic and light industrial properties. The company’s shares are listed on Nasdaq Stockholm with the short names LOGI A and LOGI B. For more information: www.logistea.se

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Logistea has today closed the transaction of the two properties in Karlstad and Nybro with an underlying property value of MSEK 188.8

© Modular Finance, source Nordic Press Releases