Logistics real estate company SLP, Swedish Logistic Property, has now taken possession of the fourth and final property in the sale and leaseback transaction with DSV. This was announced in a press release.
The deal was initially disclosed on November 28. The four properties involved have a combined property value of SEK 1.1 billion. The assets are located in Malmö, Helsingborg, Västerås, and Borås.
DSV A/S specializes in transportation services. Net sales break down by activity as follows:
- organization and management of air and sea transportation (53.8%);
- road transportation (29.1%);
- logistics services (17%): storage, packaging, loading dock transfer (reshipment of merchandise without storage), and distribution services intended primarily for industrial customers;
- other (0.1%).
Net sales are distributed geographically as follows: Denmark (4.5%), the United States (16.5%), Germany (12.1%), Sweden (4.6%), the Netherlands (4.2%), and other (58.1%).
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