Stendörren Fastigheter AB: Stendörren acquires two warehouse and light industrial properties in Södertälje for SEK 80 million

Press release

18 December 2024

Stendörren Fastigheter AB (publ) has acquired the warehouse and light industrial properties Arbetsledaren 1 and Åkerkullan 2 in Vasa industrial area, Södertälje, from a private seller. The total agreed property value amounts to SEK 80 million and the total leasable area amounts to approximately 4,000 square meters. The properties were built in 2024 and 1981 respectively, fully let to two tenants where Euromaster AB has signed a new, 10-year lease agreement in the newly developed property Arbetsledaren 1. The annual net operating income amounts to approximately SEK 5 million for both properties. Closing date for Arbetsledaren 1 is expected to take place on 15 January 2025, whereas Åkerkullan 2 has been taken into possession.

"We are pleased to complement our portfolio with two additional properties in the Stockholm region with strong tenants and of high technical quality. The properties are located in the attractive Vasa industrial area along the E20, and in close proximity to the E4.", says Johan Malmberg, CIO

For further information, please contact:

Erik Ranje, CEO, +46 (0)8-518 331 00 or erik.ranje@stendorren.se

Johan Malmberg, CIO, +46 (0) 70-147 25 04 or johan.malmberg@stendorren.se

Stendörren Fastigheter AB (publ)

Fastigheter AB (publ) is an expansive property company in logistics, warehouse and light industrial in Nordic growth regions. The company is listed on Nasdaq Stockholm Mid Cap. The business concept is to create profitable growth in net asset value. This is achieved through value-creating acquisitions, capitalising on the positive rental growth that follows the urbanisation of metropolitan regions and by developing existing assets, including the company's extensive and unique building rights portfolio.

For more information about Stendörren Fastigheter AB (publ), see: www.stendorren.se.