Logistea is expanding its property portfolio and has entered into an agreement to acquire two properties in Malmö through the acquisition of the property-owning company Coeli Grönsakshandlaren AB. The properties are located along the inner ring road in Malmö, with two buildings constructed in 2002 and 2012, respectively. The acquisition is expected to be completed in early April 2025.

The properties have a total leasable area of approximately 12,300 square meters. They are fully leased to Golvpoolen and Skåne Stadsmission, which each lease one building. The remaining average lease term is approximately 5.3 years. The spaces are primarily used for warehousing and retail, and the annual rental income amounts to about SEK 14.3 million (excluding rent supplements and property tax). The acquisition complements Logistea's existing portfolio and adds further presence in a strong sub-market.

“We continue to grow by acquiring two well-located properties in an attractive growth region with stable tenants, Golvpoolen and Skåne Stadsmission," says Anders Nordvall, Deputy CEO and Head of Transactions at Logistea.

The transaction is being financed through bank loans and available funds.