Brief: Logistea Acquires Property In Kalmar

Logistea AB

30/11/2023 13:41

Nov 30 (Reuters) - Logistea AB  LOGIa.ST :
    * LOGISTEA ACQUIRES A PROPERTY IN KALMAR WITH AN UNDERLYING
PROPERTY VALUE OF MSEK 340
    * ENTERED INTO AN AGREEMENT REGARDING ACQUISITION OF
PROPERTY
SIGILLET 1 IN KALMAR
    * PROPERTY HAS AN UNDERLYING AGREED PROPERTY VALUE OF SEK
340
MILLION AND A LETTABLE AREA OF APPROXIMATELY 35,300 SQ.M.
    * ANNUAL RENTAL INCOME AMOUNTS TO APPROXIMATELY SEK 25.2
MILLION
WITH AN AVERAGE REMAINING LEASE TERM OF APPROXIMATELY 8.5 YEARS
    * SEK 95 MILLION OF PURCHASE PRICE IS PAID THROUGH A
DIRECTED
SHARE ISSUE TO SELLER M2 ASSET MANAGEMENT AB AT A SUBSCRIPTION
PRICE OF SEK 13.50 PER SHARE
    * CLOSING OF TRANSACTION WILL TAKE PLACE ON 20 DECEMBER 2023

Source text for Eikon:  ID:nMFNV99Tb 
Further company coverage:  LOGIa.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))