Logistea is expanding its property portfolio and has entered into an agreement to acquire the properties Rönnebacken 1, Ulricehamn, and Ömmestorp 1:27, Tranemo, through the acquisition of the property-owning entities. Rönnebacken 1 is a modern, efficient, and well-located light industrial property built in 2014, with modern specifications such as a clear ceiling height of 14 meters, multiple overhead cranes, electric vehicle charging stations and 200 parking spaces. Rönnebacken 1 is acquired at an underlying property value of SEK 179 million and has a total lettable area of 10,950 sqm with an annual rental income of approximately SEK 14.1 million. Ömmestorp 1:27 is a light industrial property developed in stages between 1960 and 2012, customized to meet the tenant's operational needs. It features varying ceiling heights ranging from 4 to 13 meters, several overhead cranes, and EV charging stations. The property is acquired at an underlying property value of SEK 47 million and has a total lettable area of 8,130 sqm with an annual rental income of approximately SEK 4.5 million. Closing is expected to take place on 1 September 2025.

Both properties are fully let to AP&T, a leading industrial company providing production lines, automation systems, servo-hydraulic presses, tooling, and aftermarket services to the sheet metal and fiber-forming industries worldwide. AP&T, headquartered in the Rönnebacken 1 property in Ulricehamn, has a long-standing presence in both Ulricehamn and Tranemo and has made significant investments in both properties. The facilities serve as the company’s headquarters and are used for product development and the manufacturing of AP&T’s products. In conjunction with the transaction, AP&T will sign 15-year triple-net lease agreements. The tenant is responsible for all operating, maintenance and repair costs, as well as costs for insurance.

“This acquisition further strengthens our portfolio with two high-quality properties located in a growing region, fully let on long leases to a financially strong and well-established tenant. These properties add quality, long lease terms, and strong cash flow to our expanding portfolio. We look forward to a long-term collaboration with AP&T,” says Anders Nordvall, Deputy CEO and CIO of Logistea.

The transaction is financed through bank loans and available funds.