The property value of the acquisitions amounts to c. €24.1m before market deduction for deferred tax of €710,000. This is stated in a press release.
The properties acquired in the fourth quarter are located in Vasteras, Lulea, Karlstad, Kalix and Pitea. The leasable area amounts to 31,400sqm with a plot area of 75,000sqm, of which 11,000sqm are leased.
The annual rental value amounts to c. €2.8m and the average occupancy rate of the properties is 95%. The average remaining term of existing leases amounts to 3.2 years. All properties will now be occupied in the fourth quarter.