Logistea recruits Jesper Carlsöö as Head of Project Development and Leasing

Logistea AB (publ) has recruited Jesper Carlsöö as Head of Project Development and Leasing, and member of the Group Management team. Jesper has more than 15 years of experience in managing and leasing logistics properties, and is a many-time award winner as best Leasing Manager of the year. He takes up the post immediately.

Logistea acquires warehouse and logistics property in Hylte at a property value of SEK 85 million

Logistea AB (publ) has today acquired a warehouse and logistics property in Hylte in Småland with an underlying property value of SEK 85 million and a lettable area of approximately 22,600 sq.m. Annual rental income amounts to SEK 8.6 million and the average remaining contract length is eight years. The transaction is financed through an issue of 848,594 Class B shares in Logistea at a subscription price of SEK 33.00 per share, bank loan and cash payment.

Logistea access a property in Mullsjö/Jönköping at a property value of 46 MSEK

Logistea AB (publ) has today taken possession of a property in Mullsjö/Jönköping that was acquired in December 2021. The property (Mullsjö Gyljeryd 1:43) is strategically located with proximity to the train station and good railway connections as well as highway 26, which is Sweden's longest national road (also called Inlandsvägen syd), and close to the E4. Leasable area amounts to approximately 5,900 square meters. In addition to the existing building, there is also developmental land area where it is estimated that it is possible to construct approximately 8,000 square meters of new leasable area. The current building is fully leased with an average remaining contract length of 15 years. Annual rental income amounts to MSEK 3.4 and net operating income to MSEK 3.2. The transaction is based on a property value of MSEK 46. Logistea finances the property purchase through directed new issues of 362,925 new B-shares and cash payment.

Logistea access warehouse and logistics property in Värnamo with a value of approximately 25 MSEK

Logistea AB (publ) has today accessed the warehouse and logistics property in Värnamo that the company acquired on December 21, 2021. The value of the property amounts to approximately 25 MSEK and has a leasable area of approximately 5,140 sqm. The building is fully let with an average remaining contract length of approximately four years. Annual rental income amounts to approximately 2.4 MSEK and estimated net operating income amounts to approximately 2.1 MSEK.

Logistea acquires a logistics property in Kalmar of 2,630 sqm with an agreed extension of approximately 1,800 sqm

Logistea AB (publ) has today acquired and taken over a logistics property (Generator 1) in Kalmar with a property value of MSEK 17.3 with an additional investment of MSEK 20 regarding extensions. The property amounts to approximately 21,000 square meters of land and is located in a central and established industrial area close to the E22 and consists of 2,630 square meters of existing lettable space and an agreed extension of approximately 1,800 square meters of additional space. Planned extensions will begin in the near future and are expected to be completed in 2022, after which annual rental income is estimated at MSEK 2.6 and net operating income MSEK 2.4. Logistea has signed a ten-year triple-net agreement with the current tenant GDL for both existing and additional areas.