The properties are all modern logisitics properties, located in great logistics positions in Malmö with a total lettable area of 20,278 sqm. The properties are almost fully leased with an average lease duration of approximately 8 years.

Access and payment is planned to take place 1 June 2015 for five of the properties while the other two properties will be accessed and paid after completion in July and November 2015 respectively. The agreement is subject to a financing condition.

“We are very satisfied to be able to acquire more fine properties with stable customers, good yields and long contracts in Malmö. Five of the properties are located right next to the ones acquired last year in Malmö in good logistics location. The other two properties are strategically located close to highways”, comments Per Johansson, CEO of Tribona.

Tribona is listed on Nasdaq Stockholm. The company owns properties at a value of SEK 5 billion (€540M).