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Swedish Logistic Property: SLP acquires a fully leased logistics property with a remaining tenancy period of 9 years in Eskilstuna

SLP has today acquired and taken ownership of a property with a lettable area of 14,000 square meters in Eskilstuna. The tenant is Senior Material AB and the agreement, which is a fully indexed so-called triple-net agreement, extends until February 2033. Annual rental value amounts to SEK 8.9m, which means a rent of approx. SEK 635 per square meter.

"We are very pleased to complete the acquisition of a fully leased logistics property with a long lease that extends our average remaining tenancy period and also has development potential. Among other things, we will install solar cells and initiate environmental certification of the building," says Tommy Åstrand, CEO of SLP.

The property is acquired through a corporate transaction at an agreed property value of SEK 137 million from the seller Nyfosa. The transaction is financed with own funds.

For further information, please contact:
Tommy Åstrand, CEO of SLP, telephone: +46 705 455 997

About SLP - Swedish Logistic Property
Swedish Logistic Property - SLP - is a Swedish property company that acquires, develops, and manages logistic properties with sustainability in focus. Value growth is created through development of the properties which are located in Sweden's most important logistic hubs. The property portfolio comprises a lettable area of approx. 1,000,000 sqm. SLP is a partner that takes responsibility and through this creates value for both tenants as well as for the company and its shareholders. SLP's share of series B is listed at Nasdaq Stockholm Mid Cap. For further information about SLP: slproperty.se

Source:Cision
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