SLP acquires a newly built logistics property with building rights

SLP has today signed an agreement to acquire the property Rönnedal 1, a newly built and fully leased logistics property in Ulricehamn. The agreed property value amounts to SEK 204 million. The property's total area amounts to 72,000 square meters, of which 70 percent can be built on according to the zooning plan. The lettable area, which was completed in 2023, amounts to roughly 24,000 square meters and is leased by Logistikpartner i Ulricehamn AB with a fully indexed lease. Annual rental value amounts to approximately SEK 17 million and the remaining tenancy period is approximately 6 years. The property is environmentally certified and has solar cells installed.

"We are very satisfied with the acquisition of this newly built logistics property, which has an excellent strategic logistics location by highway 40 and which also has development potential in the form of a large building right," says Tommy Åstrand, CEO of SLP.

The building also has an Autostore installed, an automatic warehouse management system, which the previous property owner invested in but which the tenant pays for and is included in the rental value. The property has a significant building right where the tenant has exclusivity until June 2026. The building right must be constructed with at least 10,000 square meters at the time of use.

The property is acquired through a corporate transaction and is financed with own funds. The seller is Logistic Contractor. Access is planned to take place on June 28.

For further information, please contact:
Tommy Åstrand, CEO of SLP, telephone: +46 705 455 997
 

About SLP – Swedish Logistic Property
Swedish Logistic Property - SLP – is a Swedish property company that acquires, develops, and manages logistic properties with sustainability in focus. Value growth is created through development of the properties which are located in Sweden’s most important logistic hubs. The property portfolio comprises a lettable area of approx. 1,025,000 sqm. SLP is a partner that takes responsibility and through this creates value for both tenants as well as for the company and its shareholders. SLP’s share of series B is listed at Nasdaq Stockholm Mid Cap. For further information about SLP: slproperty.se