case | 05 Sep 2024

Setterwalls advised SLP in connection with a share issue of approximately SEK 1,100 million

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Setterwalls has advised Swedish Logistic Property AB in connection with a directed new class B share issue of approximately SEK 1,100 million.

Swedish Logistic Property – SLP – is a Swedish property company that acquires, develops, and manages logistic properties with sustainability in focus. Value growth is created through development of the properties which are located in Sweden’s most important logistic hubs. The property portfolio comprises a lettable area of approx. 1,050,000 sqm. SLP’s share of series B is listed at Nasdaq Stockholm Mid Cap. For further information about SLP: slproperty.se.

Through the issue, SLP receives approximately SEK 1,100 million before issue costs. A number of Swedish and international institutional investors participated in the share issue, including the Fourth AP Fund, Länsförsäkringar Fondförvaltning, Clearance Capital Limited and SEB Asset Management.

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