SLP has acquired and taken ownership of the terminal properties, Linköping Maskinen 3 and Örebro Distributören 3-4, through a sale and leaseback deal with DSV. The properties are fully leased with an average lease duration of 9 years. The lease agreements are designed as so-called international “triple net agreements”. The total leasable area amounts to 27,964 sqm and the annual rental value amounts to approximately SEK 27.2 million. The agreed property value amounts to SEK 393 million.

“We are very pleased to further strengthen our partnership with DSV in yet another “sale and leaseback transaction”. We see great opportunities for improvement in both properties, while the deal extends our average lease duration”, says Filip Persson, CEO of SLP.

The properties are being acquired through corporate transactions and are financed with own funds.