Swedish Logistic Property

The properties have a total lettable area of ​​153,000 square meters. The agreed property value amounts to SEK 1,383 million and the rental value in the fully CPI-adjusted lease agreements amounts to approximately SEK 91 million, which corresponds to SEK 594 per square meter.

"It is very pleasing to be able to consolidate our largest acquisition to date, consisting of five strategically located logistics properties with high-quality tenants and leases that increase SLP's average lease duration. We see good conditions for significant development potential over time, which is fully in line with our overall strategy," says Tommy Åstrand, CEO of SLP.

The properties are acquired through corporate transactions and are financed through own funds and secured bank financing. The seller of the properties is Barings, one of the world's largest diversified real estate investment managers.

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. 1,300,000 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.