Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Logistea AB Class A ( ($SE:LOGI.A) ) is now available.
Logistea AB has expanded its logistics property portfolio by completing the acquisition of five properties and one site leasehold from DSV in a SEK 587 million sale-leaseback deal. The six fully leased cross-dock terminals, totaling about 41,500 square meters and generating roughly SEK 42 million in annual triple-net rent, are built-to-suit for DSV Road AB with 10-year leases and are financed through bank loans and existing funds, strengthening Logistea’s position in Swedish logistics real estate.
The acquired assets are located in Karlstad, Gävle, Skara, Växjö, Östersund and Halmstad, and include temperature-controlled facilities in parts of the portfolio. The completion of the Växjö Pantern 1 acquisition followed regulatory approval, and the transaction underlines Logistea’s strategy of securing long-term, fully leased logistics terminals in key sub-markets to enhance stable cash flows and tenant-backed growth.
The most recent analyst rating on ($SE:LOGI.A) stock is a Buy with a SEK14.00 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 AB is a Swedish real estate company specializing in warehousing, logistics and light industrial properties. The group focuses on strategically located assets that support supply chain and distribution operations, and its shares are listed on Nasdaq Stockholm under the short names LOGI A and LOGI B.
YTD Price Performance: -11.74%
Average Trading Volume: 4,218
Technical Sentiment Signal: Strong Sell
Current Market Cap: SEK323M
For a thorough assessment of LOGI.A stock, go to TipRanks’ Stock Analysis page.