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Logistea Expands Nordic Portfolio With Fully Leased Finnish Industrial Asset

Story Highlights
  • Logistea acquired a modern, fully leased industrial property near Oulu, Finland, valued at SEK 38 million.
  • The asset, let long term to energy storage firm Cactos Oy, adds SEK 4.5 million in annual rent and strengthens Logistea’s Nordic footprint.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Logistea Expands Nordic Portfolio With Fully Leased Finnish Industrial Asset

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An update from Logistea AB Class A ( ($SE:LOGI.A) ) is now available.

Logistea AB has acquired a fully leased industrial property in Kempele, near Oulu in Finland, through the purchase of the property-owning company. The asset, built in 2024 and strategically located between Oulu Airport and the city centre, has an agreed underlying property value of SEK 38 million and offers 4,032 square meters of manufacturing and warehouse space.

The property is fully leased to Cactos Oy, a leading developer, manufacturer and supplier of hardware and software for modern energy storage, under a lease with about nine years remaining and a break option after roughly four years. The acquisition, financed with available funds, adds approximately SEK 4.5 million in annual rental income on a triple-net basis, strengthening Logistea’s recurring cash flow and expanding its Nordic logistics and industrial footprint.

The most recent analyst rating on ($SE:LOGI.A) stock is a Buy with a SEK15.50 price target. To see the full list of analyst forecasts on Logistea AB Class A stock, see the SE:LOGI.A Stock Forecast page.

More about Logistea AB Class A

Logistea AB is a Swedish real estate company that focuses on warehousing, logistics and light industrial properties. Its shares are listed on Nasdaq Stockholm under the short names LOGI A and LOGI B, and the company targets modern, income-generating assets in these segments.

Average Trading Volume: 4,359

Technical Sentiment Signal: Strong Sell

Current Market Cap: SEK355.6M

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

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