NP3 Fastigheter AB ("NP3”) has, in one transaction, acquired 23 properties primarily intended for industrial purposes at a property value of SEK 1,228 million before deduction for deferred tax of SEK 25 million.
The acquired properties are located in Lidköping, Falköping, Trollhättan, Uddevalla, Tidaholm och Nyköping. The total lettable area amounts to 141,000 square meters, with a total land area of 465,000 square meters. The annual rental value amounts to SEK 102 million, and the properties have an economic occupancy rate of 93 percent. The average remaining lease term for existing lease agreements amounts to 5.2 years. The acquisition is carried out through the acquisition of the real estate group Anguli Fastigheter AB. The acquisition is financed with existing cash and bank loans and will be reported under the business area Middle Sweden. The properties are expected to be accessed in May, pending approval by ISP (Inspectorate of Strategic Products) regarding a property in Uddevalla.
“With Anguli Fastigheter and its staff, NP3 gains a local presence in the Skaraborg and Trestad regions. NP3 will gain more investment opportunities through access to a larger market and we see strong potential to further expand our presence in the new region. The expanded geographic footprint will contribute additional diversification, and NP3s focus on local presence, high-yielding properties, and cash flow remains unchanged”, says Andreas Wahlén, CEO of NP3 Fastigheter AB.