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.
