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Logistea Expands Nordic Portfolio with Finnish Acquisition

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Logistea Expands Nordic Portfolio with Finnish Acquisition

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

Logistea AB has announced the acquisition of a fully leased light industrial property in Hämeenlinna, Finland, valued at EUR 25 million. This property, leased to Faerch Finland Oy, strengthens Logistea’s portfolio with a modern asset featuring a long lease term and robust cash flow. The acquisition is part of Logistea’s strategic expansion in the Nordics, following recent investments in Sweden and Norway, and is financed through bank loans and available funds.

More about Logistea AB Class A

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

Average Trading Volume: 7,967

Current Market Cap: SEK383M

See more data about LOGI.A stock on TipRanks’ Stock Analysis page.

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