SLP acquires building right in strategic location in Jönköping

SLP has today acquired and taken ownership of a logistics property, Stigamo 1:66, with building rights in northern Stigamo. The land area amounts to approximately 38,500 square meters and the property has a zooning plan that allows approximately 60 percent utilization rate, which enables new construction of approximately 23,000 square meters. SLP also owns the neighboring property Stigamo 1:47.

"This is the first time we have acquired a separate building right. Jönköping is an expansive logistics hub that ranks as one of the best in Sweden as 80 percent of Sweden's population is reached within a radius of 40 miles. In addition, the property is strategically located in the best logistics location and there is great interest in new construction from both our existing and new tenants," says Tommy Åstrand, CEO of SLP.

The land is ready for construction and is one of the last unexploited lots in the fully developed logistics area. SLP already has five logistics properties in the Jönköping region.

The property is acquired through a corporate transaction at an agreed property value of approximately SEK 34m. The seller is Nivika Fastigheter AB. The transaction is financed with own funds.

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. 980,000 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