On April 8, 2025, Swedish real estate company SLP (Swedish Logistic Property) announced the acquisition of a modern logistics facility located in the Sörred district of Gothenburg. The deal is valued at approximately €57 million, further strengthening SLP’s strategic footprint in one of Sweden’s most vital logistics regions.
📦 Property Overview
- Location: Sörred, Gothenburg (Sweden)
- Type: Logistics and distribution center
- Total leasable area: 28,000 m²
- Status: Fully operational with tenant
- Future development: Additional construction rights approved
The site includes high-standard warehousing, office units, loading docks, and dedicated truck access points. Expansion potential is a key strategic asset in this transaction.
🤝 Lease Agreement and Yield
- Tenant: Subsidiary of Tata Group
- Lease term: 12 years
- Annual rental income: €3.6 million
- Avg. rental rate: €128/m²/year
A long-term lease with a globally established tenant ensures stable returns and minimizes vacancy risk.
🌍 Strategic Location Benefits
- Immediate access to Sweden’s largest seaport
- Direct connectivity to road and rail networks
- Ideal for Scandinavian and Northern European distribution
- High demand for Class A logistics space
- Surging industrial activity in the region
Gothenburg is considered the primary logistics hub in western Sweden, with strong infrastructure and trade volume.
💶 Deal Structure and Financing
- Transaction model: Share deal (Torsholmen Fastighets AB)
- Seller: Private logistics asset owner
- Funding: Combination of equity and bank financing
- Closing date: Expected June 2025
- Expansion option: Yes, additional building rights included
The deal structure enables tax efficiency and smooth integration into SLP’s asset portfolio.
🏢 About SLP
Swedish Logistic Property (SLP) is one of the fastest-growing players in the Scandinavian logistics real estate sector.
- Total portfolio: 1.3 million m² of leasable logistics space
- Core locations: Stockholm, Malmö, Helsingborg, Gothenburg
- Investment focus: ESG-certified, sustainable logistics
- Listed on: Nasdaq Stockholm (Mid Cap)
SLP’s strategy revolves around secure leases, high-yielding assets, and scalable developments.
📊 Market Benchmarks in 2025
| Property Class | Price per m² | Rent €/m²/year | Yield |
|---|---|---|---|
| Class A Logistics | €2,000–2,400 | €100–140 | 5–6% |
| Class B Warehouses | €1,400–1,800 | €80–110 | 6–7% |
| Industrial Zones | €1,200–1,600 | €70–90 | 6.5–7.5% |
With an estimated yield of 6.3%, SLP’s acquisition fits well within the upper-performing market segment for Class A assets.
🔮 Growth Outlook
- Continued rise in e-commerce and logistics demand
- Low availability of developable land in urban logistics zones
- Increasing interest in last-mile delivery facilities
- Room for rent adjustments and value appreciation
- Long-term capital growth driven by infrastructure demand
The Sörred property offers not just cash flow but long-term scalability in a prime Nordic market.
🧠 Conclusion
SLP’s €57 million investment in Gothenburg’s Sörred district is a timely and strategically sound move. The asset combines a top-tier location, a long-term lease with a global player, development potential, and solid market fundamentals. This acquisition strengthens SLP’s logistics portfolio and positions the company for stable growth in Sweden’s thriving logistics sector through 2025 and beyond.
