The property is currently undergoing an extension to meet the tenant's long-term needs, where the rentable area is increased from 2,640 square meters to 4,361 square meters. In addition to this, there is major maintenance and updates of staff areas and of ventilation and heating systems. Upon completion, the current tenant AB Reservdelar will sublet the entire property on a ten-year lease. Logistri will take over upon the completion of the extension and rebuilding, which is estimated for May 2025.

"We are happy to have signed an agreement on this acquisition and look forward to starting a long-term partnership with AB Reservdelar, which has a long and fine history at the site. It is also particularly gratifying that it is Logistri's first property in the Malmö region and that the acquisition connects our portfolio in southern Sweden," says CEO David Träff.