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SLP Acquires Logistics Property In Helsingborg With The Aim Of Expansion

Logistics

Today, SLP purchased and took ownership of a logistics building in Helsingborg that is 100 percent leased

Swedish Logistic Property, a real estate firm that specializes in logistics properties, goes by the name SLP. Since its establishment, the company has maintained a faster rate and that in a short space of time has accomplished several high-profile acquisitions. SLP strives to live sustainably and acts ethically in the face of environmental concerns. The portfolio of properties owned by the corporation has a total lettable space of about 740,000 square meters. Series B shares of SLP are traded on Nasdaq Stockholm. The property, which has a total size of about 56,000 square meters, is situated close towards the E4 and E6 transportation networks in the logistics district of Lngeberga. There are currently 15,700 sqm of lettable space available, the majority of which is refrigerator space. There are multiple renters on the property, and their lease terms average 7.5 years. The fully indexed yearly rent in 2023 is expected to be around SEK 13 million. The 1988-built property is being purchased from the seller, Mäster Grön ekonomisk förening, in a corporate transaction for an estimated SEK 133 million in underlying property value. 

Logistics

The business will have a building with dependable tenants in a range of industries and the chance to grow in a very desirable logistics area

Peter Strand, CEO of SLP said that Helsingborg has been the year’s logistics city according to the industry, and has seen continued growth over time. The business will have a building with dependable tenants in a range of industries and the chance to grow in a very desirable logistics area. To lessen their short-term influence on the environment and boost its own production of renewable energy, they will make investments in energy-saving technologies. Additionally, the site includes space for additional building and extensions, providing opportunity for them to grow the property alongside present and potential tenants.

 

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