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Swedish Logistic Property has signed a long-term lease agreement for a new logistics property in Jonkoping, strengthening its industrial and warehousing portfolio in Sweden. The company said the project will involve the development of a facility spanning around 21,600 square metres with a total estimated investment of SEK 231 million. The property has been secured under a 10-year lease arrangement and is expected to generate an annual rental value of SEK 16.5 million. The project is also expected to improve the company’s net rental income by nearly SEK 9.5 million.
Sweden-based logistics real estate company Swedish Logistic Property has entered into a 10-year lease agreement linked to the development of a new logistics property in Jonkoping. The company disclosed that the upcoming facility will cover approximately 21,600 square metres and will be developed as part of its expanding logistics and industrial property portfolio. Advertisement
The company estimated the total investment for the project at around SEK 231 million. Once completed, the property is expected to generate an annual rental value of nearly SEK 16.5 million. Swedish Logistic Property further stated that the project will have a positive impact on its net rental income, which is projected to increase by around SEK 9.5 million.
The development comes as demand for modern logistics infrastructure continues to remain steady across the Nordic region, driven by growth in e-commerce, supply chain expansion and the increasing need for strategically located warehousing facilities. Jonkoping has emerged as an important logistics hub in Sweden due to its central location and transport connectivity, attracting warehousing and distribution investments from several industrial and logistics operators in recent years.
Swedish Logistic Property has been actively expanding its portfolio through new developments, acquisitions and long-term lease partnerships focused on logistics and light industrial assets. The company has continued to target properties with stable occupancy and predictable rental income as part of its long-term growth strategy.
The latest project is expected to strengthen the company’s presence in Sweden’s logistics market while adding a newly built asset backed by a long-duration lease agreement. The transaction also reflects continued investment activity in the European logistics real estate sector despite broader market uncertainty and higher financing costs across several property segments.
Source Reuters
5th Jun, 2025
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