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Logistea Secures 10-Year Lease Extension with Tree Logistics

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Logistea Secures 10-Year Lease Extension with Tree Logistics

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Logistea AB Class A ( ($SE:LOGI.A) ) has issued an announcement.

Logistea AB has extended a 10-year lease agreement with Tree Logistics AB for its property in Mjölby, reinforcing Tree Logistics’ regional presence. This agreement aligns with Logistea’s strategy to foster long-term tenant relationships and provide modern, sustainable premises, highlighting the property’s strategic location near the E4 motorway.

The most recent analyst rating on ($SE:LOGI.A) stock is a Buy with a SEK17.00 price target. To see the full list of analyst forecasts on Logistea AB Class A stock, see the SE:LOGI.A Stock Forecast page.

More about Logistea AB Class A

Logistea is a Swedish real estate company specializing in warehousing, logistics, and light industrial properties. The company’s shares are listed on Nasdaq Stockholm under the short names LOGI A and LOGI B.

YTD Price Performance: 3.26%

Average Trading Volume: 86,500

Technical Sentiment Signal: Buy

Current Market Cap: SEK416.8M

See more data about LOGI.A stock on TipRanks’ Stock Analysis page.

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