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Logistea AB Class A ( ($SE:LOGI.A) ) has provided an announcement.
Logistea AB has completed the acquisition of a logistics property in Vansbro, Sweden, valued at SEK 433 million. The property is fully leased to Lyko, a leading Nordic beauty retailer, with a lease term of approximately 19 years and an annual rental income of SEK 34.1 million. This acquisition enhances Logistea’s earnings capacity and strengthens its position in the logistics real estate market.
More about Logistea AB Class A
Logistea is a Swedish real estate company that specializes 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.
Average Trading Volume: 8,447
Current Market Cap: SEK362M
Learn more about LOGI.A stock on TipRanks’ Stock Analysis page.