Logistea has today closed the transaction of the two properties in Karlstad and Nybro with an underlying property value of MSEK 188.8
Logistea AB (publ) has closed the transaction of the site leasehold to the property Busterud 1:161 in Karlstad and the property Skiffern 2 in Nybro (the “Properties”). The Properties has an underlying property value of MSEK 188.8 and a lettable area of approximately 24,200 sq.m. The annual rental income amounts to approximately MSEK 14.2 with an average remaining lease term of approximately 9 years.
Logistea increases its property portfolio and has today closed the transaction of the site leasehold to the property Busterud 1:161 in Karlstad (“Busterud”) and the property Skiffern 2 in Nybro (“Skiffern”) from Ilja Batljan Invest AB.
Busterud was completed in 2020 and has a total lettable area of approximately 4,200 sq.m. The tenant is GDL AB which leases all areas within the property through a triple-net lease agreement with lease term until 2030-01-31. The annual rental income amounts to approximately MSEK 4.0 (excluding rent supplements and property tax).
Skiffern was completed in 2019 and has a total lettable area of approximately 20,000 sq.m. The tenant is Royal Design AB which leases all areas within the property through a triple-net lease agreement with a lease term until 2034-08-31. The annual rental income amounts to approximately MSEK 10.2 (excluding rent supplements and property tax).
The transaction is financed through a bank loan, own funds and a through a seller promissory note amounting to MSEK 20.
