Swedish Logistic Property has signed a lease agreement with Essity for approximately 22,800 square meters regarding the logistics property Tröinge 6:90, Falkenberg. The lease agreement runs for 8 years with occupancy on January 1, 2027, at the same time as the current tenant leaves the property. The annual rental value for the existing building amounts to approximately SEK 14.3 million.
Swedish Logistic Property will also implement an extension of approximately 7,250 square meters, which is expected to be completed during the third quarter of 2027. The investment amounts to approximately SEK 63 million and the lease term is the same as for the existing building. After completion, the lease agreement covers a total of approximately 30,000 square meters with a total annual rental value of SEK 18.8 million.
The lease and extension are conditional on the necessary regulatory approvals. The investment is financed with own funds.
