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Logistea AB Plans Directed Share Issue to Boost Growth and Liquidity

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Logistea AB Plans Directed Share Issue to Boost Growth and Liquidity

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

Logistea AB is exploring a directed issue of approximately 36 million B-shares to institutional investors, aiming to raise capital for further investments and maintain a balanced capital structure. The transaction, which includes a sale of 18 million B-shares by BEWI Invest AS, is expected to diversify and broaden the shareholder base, enhancing liquidity and benefiting both existing and new shareholders.

More about Logistea AB Class A

Logistea AB is a real estate company focused on warehousing, logistics, and light industry. The company aims to be a leading partner for businesses requiring modern and sustainable premises. Logistea achieves growth through acquisitions, development, and management of properties and land, with a property portfolio valued at SEK 13.5 billion as of the first quarter, an occupancy rate of 97.1%, and a Wault of 9.3 years.

Average Trading Volume: 7,967

Current Market Cap: SEK383M

For an in-depth examination of LOGI.A stock, go to TipRanks’ Stock Analysis page.

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