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Logistea Expands Portfolio with SEK 226 Million Acquisition

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Logistea Expands Portfolio with SEK 226 Million Acquisition

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

Logistea AB has completed the acquisition of two properties in Ulricehamn and Tranemo, fully leased to AP&T, with a combined property value of SEK 226 million. This strategic acquisition expands Logistea’s property portfolio and secures long-term rental income through 15-year triple-net lease agreements with AP&T, enhancing Logistea’s position in the light industrial real estate market.

The most recent analyst rating on ($SE:LOGI.A) stock is a Hold with a SEK16.00 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 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.

YTD Price Performance: -3.19%

Average Trading Volume: 23,477

Technical Sentiment Signal: Buy

Current Market Cap: SEK393.5M

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

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