SLP purchased €6.9m logistics property in Boras from Artmax (SE)

SLP purchased €6.9m logistics property in Boras from Artmax (SE)

SLP acquired and taken ownership of a property in Viared Logistikpark in Boras. The property, with an area of 19,000m2, is built 2017 with 7,200m2 and fully leased to AMA Group. The lease, which is a fully indexed so-called triple net agreement, runs for approximately 5 years with an annual rental value of c. €500,000. The agreed property value amounts to €6.9m and the seller of the property is Artmax.


"We are pleased to be able to carry out this acquisition in a location that is a priority for us, where we already own four other properties, which makes it very management efficient. The property, which can be developed, will be environmentally certified and is planned to be equipped with solar cells completely in accordance with our sustainability strategy," said Tommy Astrand, CEO of SLP.


The property, Stormen 1, has a permitted exploitation rate of 70%, which means that there is substantial potential for further construction. The transaction is financed with own funds.


Image provided by SLP via CISION.

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