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Logistea AB Class A ( ($SE:LOGI.A) ) has provided an update.
Logistea AB has announced the acquisition of two properties in Ulricehamn and Tranemo, valued at SEK 226 million, which are fully leased to AP&T, a leading industrial company. This strategic acquisition enhances Logistea’s portfolio with high-quality properties in a growing region, ensuring long-term cash flow and stability through 15-year triple-net lease agreements with AP&T.
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 traded on Nasdaq Stockholm under the symbols LOGI A and LOGI B.
Average Trading Volume: 6,160
Current Market Cap: SEK401.4M
See more insights into LOGI.A stock on TipRanks’ Stock Analysis page.