Logistea AB (publ) has today closed the transaction of two properties in Kumla, Sweden. The properties have an underlying property value of SEK 79.4 million and a lettable area of approximately 10,200 square meters. Annual rental income amounts to SEK 5.61 million with a remaining lease duration of twelve years.
Logistea AB (publ) has today acquired two properties in Kumla. The properties have an underlying property value of SEK 79.4 million and a lettable area of approximately 10,200 square meters. Annual rental income amounts to SEK 5.61 million with a remaining lease duration of twelve years.
Logistea AB (publ) has today closed the transaction of 14 properties corresponding to approximately 121,000 square meters of leasable area with a property value of around SEK 745 million. Annual rental income amounts to just over SEK 50 million with an average remaining lease period of more than 13 years. The transaction is financed through a direct share issue of 2.5 million B shares at a subscription price of SEK 33 corresponding to SEK 82.5 million, as well as own funds and bank loans.
Logistea AB (publ) has today closed the transaction of two properties in Skövde. The properties have an underlying property value of SEK 79.4 million and a lettable area of approximately 5,100 square meters. Annual rental income amounts to SEK 5.1 million with an average remaining contract duration of approximately 14 years.
Logistea AB (publ) has today acquired two properties in Skövde. The properties have an underlying property value of SEK 79.4 million and a lettable area of approximately 5,100 square meters. Annual rental income amounts to SEK 5.1 million with an average remaining contract duration of approximately 14 years.
Logistea AB (publ) has today acquired a warehouse and logistics property in Falköping. The property has an underlying property value of SEK 53 million and a lettable area of approximately 9,800 sq.m. Annual rental income amounts to SEK 3.8 million with a weighted remaining rental period of 9 years.
Logistea AB (publ) has today closed the transaction of a warehouse and logistics property in Hylte in Småland, acquired in March 2022. The property has 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.
Logistea AB (publ) has today acquired a property in Timrå for the construction of a warehouse and logistics property of 4,500 square meters and has at the same time signed a 15-year lease with Nordic Netstores.
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 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 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 AB (publ) will present its year-end report for 2021 in a webcast on February 18, 2022 at 10:00 CET. The report plans to be published at 07:30 CET on the same day.
Logistea AB (publ) has today acquired and taken over a warehouse and industrial property in Lockryd in Svenljunga, Sweden with a property value of SEK 90 million. Annual rental income amounts to SEK 5.6 million and net operating income is estimated at SEK 5.4 million.
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 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.
