SLP secures long-term cash flow with a new 11,200 sqm logistics development in Gothenburg, fully leased to transport and food sector tenants with an estimated annual rental value of SEK 17.5 million.
SLP is expanding its portfolio in Gothenburg by acquiring and redeveloping the Kärra 73:4 property into a modern 11,200 sqm logistics facility. The project is fully pre-leased with long-term agreements, which management notes will secure stable cash flows and extend the company's average lease duration. The investment of SEK 266 million is expected to generate an annual rental value of SEK 17.5 million upon completion.
The total investment, including acquisition and construction, is estimated at approximately SEK 266 million.
Move-in for the fruit and vegetable sector tenant is scheduled for summer 2028, while the logistics and transport operator is expected around the turn of the year 2028/2029.
Swedish Logistic Property (SLP) has announced the acquisition and development of a 11,200 sqm logistics facility in Gothenburg. The project, valued at SEK 266 million, is fully leased to two tenants under long-term agreements, securing an annual rental value of SEK 17.5 million and extending the company's average lease duration.
The total investment, including acquisition and construction, is estimated at approximately SEK 266 million.
Move-in for the two tenants is scheduled for the summer of 2028 and the turn of the year 2028/2029.