Swedish Logistic Property has acquired four logistics properties in a so-called "sale and leaseback transaction" with DSV, which DSV has previously taken ownership of in connection with the acquisition of Schenker. The properties, which are terminals, are fully leased with an average rental duration of just over 7.5 years. The lease agreements are so-called international triple net agreements and the annual rental value amounts to SEK 78 million.
The agreed property value amounts to SEK 1,111 million. Three of the properties comprise about 13,000 square meters of lettable area each and are located in Helsingborg, Vasteras and Boras. The fourth and largest property is located in Malmo and has a lettable area of approximately 25,000 square meters.
The total lettable area amounts to approximately 66,000 square meters and the total land area amounts to approximately 330,000 square meters, which means significant opportunities to carry out both extensions and new construction.
