Swedish Logistic Property: SLP extends lease agreement and increases rental value
SLP has extended an existing lease agreement of approximately 13,000 square meters at the property Boktryckaren 4 in Nässjö. The lease is extended by 5 years and thus runs until 2033. At the same time, rental income increases by just over SEK 0.7 million per year, which means that the total annual rental value amounts to SEK 6.5 million.
As part of the extension, SEK 9 million is being invested in development of the property. The objective is to increase the capacity for loading and unloading and raise the standard of office and personnel spaces, which also means a more attractive and flexible property in the long term.
"Through this agreement, we strengthen the property's functionality and flexibility while creating value for the tenant. This is an example of how we develop long-term sustainable solutions together with our customers, which benefits both parties," says Filip Persson, CEO of SLP.
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. 1,400,000 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.