Logistea AB (publ) has confirmed the acquisition of six logistics assets from DSV in a significant sale-leaseback deal. The agreement involves five properties and one site leasehold with an agreed value of SEK 587 million. This figure is calculated before a deferred tax deduction of SEK 27 million. The transaction adds approximately 41,500 square metres of space to the portfolio of the Swedish real estate firm.

The acquired assets are located in Karlstad, Gävle, Skara, Växjö, Östersund and Halmstad. Each property functions as a cross-dock terminal specifically designed for the operations of the tenant. Some of the facilities also include temperature-controlled sections. The individual buildings range in size from 7,000 to 8,300 square metres. DSV Road AB will remain the sole tenant for all six sites.

Under the terms of the sale-leaseback, the properties are fully leased with remaining terms of 10 years each. These are triple net leases which are expected to generate an annual rental income of roughly SEK 42 million. Logistea is acquiring these assets through the purchase of the underlying property-owning companies.

“This acquisition further strengthens our portfolio with six attractive assets in strong regional cities. The properties are leased on long-term leases to a leading financially strong and global tenant with a long history in each asset. The properties contribute quality, long lease duration and strong cash flow to our growing portfolio and we look forward to a long-term collaboration with the tenant,” says Anders Nordvall, deputy CEO and CIO at Logistea.

Most of the transactions are scheduled to close on March 30th 2026. However, the completion of the Växjö Pantern 1 acquisition is dependent on receiving standard regulatory approval from ISP.