Swedish Logistic Property AB Class B
SSTO:SLP_B32.90
SEK
+0.15
(+0.46%)
Swedish Logistic Property AB Class B
STO:SLP_B
(Nasdaq Stockholm)
Recent
price
32.90
P/E
ratio
13.95
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Swedish Logistic Property AB is a Swedish real estate company specializing in the acquisition, development, and management of logistics properties. The company’s core offerings include logistics warehouses, distribution centers, and other logistics-related real estate assets primarily located across Sweden. Its portfolio comprises newly built and strategically located logistics properties catering to long-term leases with varied tenants, including international logistics operators. Founded in 2018 and headquartered in Malmö, Sweden, Swedish Logistic Property focuses on sustainable property management and enhancing net operating income through property development, tenant adaptation, and environmental optimization. The company’s latest strategic activities include acquisitions of multiple logistics properties through purchase and sale-leaseback transactions, significantly expanding its portfolio in key logistics hubs such as Gothenburg, Jönköping, Norrköping, and Örebro. Notable recent acquisitions include a SEK 625 million logistics property in Gothenburg, accompanied by a 12-year lease agreement with a company within the Tata Group, and a SEK 306 million property in Jönköping acquired through a 15-year sale and leaseback agreement. SLP also completed a directed share issue raising SEK 800 million in capital to support further growth. The company maintains a strong focus on long-term lease contracts and sustainability initiatives to improve energy efficiency and reduce environmental impact in its properties. Swedish Logistic Property serves primarily the logistics and distribution sectors, targeting customers requiring efficient storage and transport infrastructure across Sweden. The company operates with a growth ambition facilitated by a strong financial position, streamlined decision-making processes, and active property and land acquisition. It emphasizes sustainability, environmental responsibility, and long-term value creation in the logistics real estate industry, positioning itself as a leading player in the Nordic logistics property market. The company was founded by Erik Selin, Greg Dingizian, Peter Strand, and Mikael Hofmann and publicly trades under ticker SLP-B.ST.