Logistea is expanding its property portfolio with a property in Kempele, through the acquisition of the property-owning company. The property is a modern and flexible industrial property built in 2024 with manufacturing and warehouse space and is well located between Oulu Airport and the centre of Oulu.

The property has a total leasable area of 4,032 square meters and is fully leased to the tenant Cactos Oy, which is a leading developer, manufacturer and supplier of hardware and software for modern energy storage. The lease agreement has a remaining term of approximately 9 years, with a break clause after approximately 4 years. Annual rental income amounts to approximately SEK 4.5 million, excluding rent supplements and property tax. The tenant is responsible for and pays for all operating costs, including insurance.

The transaction is financed with available funds.