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Logistea AB has expanded its logistics real estate portfolio with the acquisition of two fully leased properties in the Swedish cities of Trollhattan and Växjö for a combined value of SEK 303 million. The assets, Tunnan 1 and Krysspricken 2, offer a total lettable area of 33,488 sq m and generate annual rental income of SEK 21.7 million, providing stable and immediate cash flows. The deal will be financed through a mix of bank loans and internal funds, with completion expected on February 11, 2026. The acquisition supports Logistea's strategy of investing in income-generating logistics and warehouse assets in strong regional markets with steady tenant demand.
Logistea AB has moved to expand its logistics real estate portfolio with the acquisition of two fully leased properties located in the Swedish cities of Trollhattan and Vxj. The company disclosed that the combined underlying property value of the transaction stands at SEK 303 million, reflecting stable pricing in the logistics and light industrial segment.
The assets being acquired are Tunnan 1 in Trollhattan and Krysspricken 2 in Vxj. Together, the two properties offer a total lettable area of 33,488 square metres and generate an annual rental income of SEK 21.7 million. Both properties are fully occupied, providing immediate and predictable cash flows for the company.
Logistea said the transaction will be financed through a mix of bank loans and available internal funds, indicating a balanced funding structure without excessive leverage. The company expects the closing of the acquisition to take place on February 11, 2026, subject to customary completion conditions.
The acquisition aligns with Logistea's recent strategy of focusing on income-generating logistics and warehouse assets in regional locations, where demand from tenants remains steady. In recent years, the company has consistently targeted fully leased properties to strengthen its earnings base and reduce vacancy-related risks.
Source Reuters
5th Jun, 2025
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