SLP acquires logistics property from municipal company in Falköping

The real estate company SLP has signed an agreement to acquire the property Okularet 12 in Falköping, western Sweden. The property includes a logistics building built in 2018 and an ongoing extension, total lettable area after completion amounts to approximately 17,400 square meters. TBN’s Åkeri AB has a five-year lease agreement for the entire property. The underlying property value amounts to approximately SEK 134 million and the annual rental value amounts to approximately SEK 8.8 million. There is also an unused building right amounting to approximately 5,000 square meters on the property.

This will be our first property in Falköping and we look forward to the opportunities to grow in an expanding municipality in a strategic location with the investment in Skaraborg Logistic Center. As the property has rail access and an unused building right, we see great opportunities for further development in line with our business model and our sustainability goals,” comments Peter Strand, CEO of SLP.

SLP will acquire the property in a corporate transaction from the municipally owned company, Fastighets AB Mösseberg, in Falköping. The transaction is conditional on a final decision by the municipality. Completion is planned for 31 March 2022.

For further information, please contact:
Peter Strand, CEO of SLP, telephone: +46 705 881 66

About SLP – Swedish Logistic Property

SLP – Swedish Logistic Property – is a Swedish real estate company with a focus on logistics properties. Since its inception, the company has maintained a high pace and in a short time has completed several high-profile acquisitions. SLP has a high ambition regarding sustainability and works responsibly from environmental perspectives. The company’s property portfolio comprises a lettable area of approximately 650,000 square meters.