Logistea access property portfolio in Karlskoga and Kristinehamn with a property value of 403 MSEK

Logistea AB (publ) (formerly company name Odd Molly International AB (publ)) today access the seven properties in Karlskoga and Kristinehamn that the company acquired on October 25, 2021. Leasable area corresponds to 100,000 square meters and the rental rate amounts to approximately 98 percent. The underlying property value of the properties amounts to approximately 403 MSEK. Estimated annual rental income amounts to approximately 42 MSEK and estimated net operating income amounts to 29 MSEK.

After the acquisition, Logisteas's property portfolio amounts to approximately 260,000 square meters of leasable area (excluding ongoing and planned extensions and new constructions), all located in attractive logistics hubs in southern and central Sweden.