SLP has acquired and taken ownership of two fully leased properties, Malmo Flygledaren 6 and Astorp Hyllinge 36:275, with a total lettable area of 18,500m2. The agreed property value amounts to €26.85m.
The property in Malmo is leased by Isadora with a 10-year lease and the property in Helsingborg is leased by Sydfrys, which is part of the Temcon group which is already an existing tenant, with a 15-year lease. The lease agreements, which are of a triple-net nature, are fully indexed and have a total annual rental value of c. €1.8m.
"The deal complements the current property portfolio and strengthens our key figures through long and fully indexed lease agreements, while at the same time we grow with existing tenants with new establishments where we are already locally strong. Both properties, which are fully leased, will be equipped with solar cells and be environmentally certified, which is in line with our sustainability strategy," said Tommy Astrand, CEO of SLP.
The seller of the properties is Evolv. The transaction is financed with own funds.