Logistea enters into a new 7-year lease agreement of 11,100 sq.m. for logistics in Karlskoga

Logistea AB (publ) has signed a new 7-year lease agreement with 3P Logistic AB (“Exacta”) regarding premises of 11,100 sq.m. for logistics within the property Bofors 1:47 in Karlskoga.

Logistea AB has signed a new 7-year lease agreement with Exacta for a total of approximately 11,100 sq.m. of premises adapted for logistics within the property Bofors 1:47 in Karlskoga. The lease agreement entails that Exacta prolongs the lease and expands the area and that the premises will be developed and adapted to the business operations. With the new lease, Logistea's properties in the Bofors area are fully let.

The total rental value of the new lease excluding supplements amounts to approximately SEK 35 million, corresponding to an annual rental income of approximately SEK 5 million excluding supplements. Previously contracted rent amounted to approximately SEK 3.7 million per year including supplements.

“We are pleased that Exacta has chosen to develop its operation and continues to expand within our property. It is an important lease for us where we prove that our long-term cooperation and close dialogue with our tenants make a difference and generate results. In connection with adapting and developing the premises for the tenant, we are making investments in line with our sustainability strategy”, says Maléne Broman, Head of Property Management at Logistea.