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Logistea AB Expands Portfolio with Finnish Property Acquisition

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Logistea AB Expands Portfolio with Finnish Property Acquisition

Elevate Your Investing Strategy:

Logistea AB Class A ( ($SE:LOGI.A) ) has shared an announcement.

Logistea AB has completed the acquisition of a fully leased light industrial property in Hämeenlinna, Finland, valued at EUR 25 million. The property, which spans 21,726 square meters, is leased to Faerch Finland Oy, a subsidiary of Faerch A/S, for approximately EUR 2.05 million annually over a remaining lease term of 10 years. This acquisition enhances Logistea’s property portfolio and strengthens its market position in the logistics and industrial real estate sector.

More about Logistea AB Class A

Logistea AB is a Swedish real estate company specializing in warehousing, logistics, and light industrial properties. The company’s shares are listed on Nasdaq Stockholm under the short names LOGI A and LOGI B.

Average Trading Volume: 7,562

Current Market Cap: SEK375.1M

Find detailed analytics on LOGI.A stock on TipRanks’ Stock Analysis page.

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