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Swedish Logistic Property: SLP builds new 5,000 sqm logistics facility in Eskilstuna and signs 12-year lease
SLP has acquired the property Kjula-Blacksta 1:108 in Eskilstuna Logistics Park from the Municipality of Eskilstuna. The property is 31,564 sqm of land, where SLP will construct an environmentally certified logistics facility of approximately 5,000 sqm, featuring primarily refrigerated and frozen storage areas. The investment amounts to approximately SEK 90 million, and a 12-year lease agreement has been signed with a rapidly growing company that supplies the Swedish grocery retail sector. The annual rental value is approximately SEK 6.5 million, with occupancy scheduled for the beginning of the fourth quarter of 2027.
The property is situated in one of Sweden's leading logistics hubs, boasting a strategic location in the Stockholm-Mälardalen region with direct access to the railway network, the E20 highway, and the airport. Upon completion of the project, approximately 11,000 sqm of building rights will remain, available for future expansion by one or more tenants.
"Eskilstuna Logistics Park is one of Sweden's most attractive logistics locations, and we are very pleased to carry out this development. The project generates long-term cash flow and extends our average lease duration, while also offering significant future value-creation potential through the remaining building rights of approximately 11,000 square meters", says Filip Persson, CEO of SLP.
The lease agreement is conditional upon a building permit, and construction is scheduled to begin once the necessary regulatory approvals have been obtained. The investment is initially being financed with existing funds.
For further information, please contact:
Filip Persson, CEO of SLP, telephone: +46 733 27 27 57
About SLP - Swedish Logistic Property
Swedish Logistic Property - SLP - is a Swedish property company that acquires, develops, and manages logistic properties with sustainability in focus. Value growth is created through development of the properties which are located in Sweden's most important logistic hubs. The property portfolio comprises a lettable area of approx. 1,600,000 sqm. SLP is a partner that takes responsibility and through this creates value for both tenants as well as for the company and its shareholders. SLP's share of series B is listed at Nasdaq Stockholm Mid Cap. For further information about SLP: slproperty.se.