SLP has today acquired and taken ownership of a logistics property, Stigamo 1:66, with building rights in northern Stigamo. The land area is to c. 38,500m2 and the property has a zoning plan that allows approximately 60% utilization rate, which enables new construction of approximately 23,000m2. SLP also owns the neighbouring property Stigamo 1:47.
"This is the first time we have acquired a separate building right. Jonkoping is an expansive logistics hub that ranks as one of the best in Sweden as 80% of Sweden's population is reached within a radius of 40 miles (c. 64 km). In addition, the property is strategically located in the best logistics location and there is great interest in new construction from both our existing and new tenants," said Tommy Astrand, CEO of SLP.
The land is ready for construction and is one of the last unexploited lots in the fully developed logistics area. SLP already has five logistics properties in the Jonkoping region.
The property is acquired through a corporate transaction at an agreed property value of c. €3.29. The seller is Nivika Fastigheter AB. The transaction is financed with own funds.
Image source - Pexels.
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