Logistri Fastighets owns, develops and manages commercial warehouse and light industrial properties, with a portfolio comprising 17 properties in Stockholm, Gothenburg and southern Sweden which are strategically positioned by major roads and ports.

The loan is over five years and its flexible design allows extensions to the credit facility with M&G’s consent, enabling the company to continue its growth through add-on acquisitions.
 
‘The company now has a constructive partner for the continued development of Logistri into a leading real estate company specializing in industrial properties,’ commented Ulf Attebrant, Chief Executive Officer, Logistri Fastighets AB. ‘We are now continuing according to our strategy and intend to grow significantly in the coming years. Long leases in regional cities with well-managed and strong companies as tenants and interesting metropolitan locations with rental potential create a good prerequisite for stable cash flows and value development.’
 
Adam Willis, investment director in Real Estate Finance, M&G Investments, said: ‘Logistri’s portfolio of long-leased industrial assets provides a resilient and stable income stream for our investors, and the flexibility we have provided will allow Logistri to continue with their plans for further acquisitions of high quality assets.’