The portfolio consists of five logistics and industrial properties located in Falun, Hudiksvall, Kumla, Tranås and Växjö. Total lettable area amounts to 161,500 square meters. The portfolio has a WAULT of 6.1 years and the acquisition is estimated to provide an increased annual earning capacity of SEK 35 million.

The financing is planned to consist of a combination of debt financing and equity. Oscar Properties has received debt financing for the portfolio with an annual interest rate of 3.5 percent. Access will take place during the third quarter of 2022.

"Through this acquisition, we act in line with our stated strategy. We are growing in logistics and industry and at the same time increasing the portfolio's wault from 3.5 to 3.8. The portfolio has a strong tenant structure with stable tenants who have been in the properties for a long time. Rents are linked to inflation, which is a security in the inflation situation we are in today. We have secured financing at an annual interest rate of 3.5 percent, which is a strength in this market. In the long run, we will lower our average interest rate in the portfolio. The acquisition is expected to increase our total annual earning capacity to SEK 157.6 million," says Oscar Engelbert, CEO and founder of Oscar Properties.