Swedish Logistic Property

What Swedish Logistic Property does

Swedish Logistic Property AB (SLP) is a publicly listed Swedish real estate company that acquires, develops, and manages logistics properties concentrated along Sweden's southern motorway corridors from Malmö to Uppsala. Founded in late 2018 by Erik Selin, Peter Strand, Greg Dingizian, and Mikael Hofmann, the company listed its class B shares on Nasdaq Stockholm on 23 March 2022 and is headquartered in Malmö with a lean in-house organization of approximately 15 employees, all of whom are part-owners in the firm. By year-end 2025, SLP held 130 logistics properties comprising roughly 1,600,000 sqm of lettable area with a combined portfolio value of SEK 18.5 billion, against a 47.9% loan-to-value ratio and a long-term 55% leverage cap.

SLP's underlying technology centers on sustainability-focused building systems rather than proprietary software: rooftop solar PV (a 15 MW target hit ahead of schedule in 2024, with a new 25 MWp goal by 2027), LED lighting, refrigeration and building automation retrofits, and environmentally certified new construction (Miljöbyggnad Silver, BREEAM In-Use Very Good, and the industry's first NollCO2 net-zero certification at Fyllinge 20:434 in Halmstad). SBTi-validated climate targets commit the company to a 50% absolute Scope 1+2 GHG reduction by 2030 (2024 baseline) and net-zero across the value chain by 2040. These credentials underwrite access to sustainability-linked financing, including SEK 2.9 billion of margin-adjusted loan facilities with Nordea and Swedbank signed in October 2024.

The business model is rental-income-driven with recurring long-term, fully CPI-indexed leases of 5-15 years to enterprise and mid-market logistics operators, manufacturers, and 3PLs (DSV, IKEA/INGKA, Postnord, Tata Group / Hedin Parts & Logistics, Ahlsell, Essity, Scan Global Logistics, Dagab, Meds Apotek, Spobik, Salix Business Partner, among others). SLP distributes space through two in-house commercial managers covering Southern Sweden and Mälardalen, lists smaller units on Objektvision, and originates acquisitions primarily through off-market and sale-and-leaseback structures. Revenue in FY2025 was SEK 1,015 million (+43% YoY), with SEK 891 million of net operating income and SEK 583 million of income from property management; the company reinvests cash flow and equity raises rather than paying dividends, supporting a continuous acquisition-driven growth trajectory that saw 16 properties added for SEK 4.1 billion in 2025 alone.

Name

Swedish Logistic Property

Legal name

Swedish Logistic Property AB

Website

https://slproperty.se

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Swedish Logistic Property (SLP) is a Malmö-headquartered, Nasdaq Stockholm-listed Swedish real estate company that acquires, develops, and manages energy-efficient logistics properties for enterprise and mid-market tenants across southern Sweden.

Ownership category

akta.pro rank

Product category

Logistics Real Estate

NAICS

General Warehousing and Storage (49311), General Warehousing and Storage (493110)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Contract Warehousing / Dedicated Warehousing (Dry) (TLALAAAB)

Keywords

• Logistics real estate
• Warehouse leasing
• Property management
• Sale-and-leaseback
• Industrial property investment

Headquarters

HQ city

Malmö

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Marketing or Sales, Personnel, Supply Chain

Revenue model

1. Rental income from logistics properties: Recurring rental income from leased logistics properties forms the core revenue stream. FY2025 rental income reached SEK 1,015 million (up 43% YoY), with net operating income of SEK 891 million and income from property management of SEK 583 million. Leases are typically long-term (5-15 years) and fully indexed.
2. Property value appreciation and capital gains: SLP's portfolio value grew from SEK 13.5 billion (2024) to SEK 18.5 billion (2025) driven by acquisitions (SEK 4.1 billion in 2025 across 16 properties) and asset enhancement. The company foregoes dividend payments per company policy and reinvests cash flow and equity raises.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Swedish Logistic Property (SLP) acquires, develops and manages a portfolio of energy-efficient logistics properties in Sweden, offering long-term, fully indexed (5–15 year) leases to corporate tenants and sale-and-leaseback solutions to logistics operators. As of end-2025 the company held approximately 130 logistics properties with around 1,600,000 sqm of lettable area, primarily in southern Sweden from Malmö to Uppsala, and reported FY2025 rental income of SEK 1,015 million at 96.5% occupancy.

Product overview

Swedish Logistic Property (SLP) operates as a single integrated real estate company - not a software platform - offering a unified service across acquiring, developing (Projekt), and managing (Förvaltning) logistics properties in Sweden. The core product is the property portfolio of approximately 130 logistics properties with around 1,600,000 sqm of lettable area, complemented by sub-offerings including Lediga Lokaler (available premises), the Vårt Ansvar sustainability framework, tenant services (För våra hyresgäster), and investor relations and corporate governance services for the Nasdaq Stockholm-listed series B share.

Differentiator

Problem solved

Functional benefit

Products and services

• SLP Logistics Property Portfolio (Logistics Property Leasing)

Quantifiable outcome

• 43% growth in rental income to SEK 1,015 million in FY2025
• +7 more outcomes

Named customers23 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators16 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• NP3 Fastigheter AB: NP3 is a Swedish Nasdaq-listed commercial property company focused on commercial properties (logistics, light industrial, retail) in northern Sweden, with growing southern exposure. It is a direct peer in the Swedish commercial/logistics segment and competes for similar mid-market tenants and sale-and-leaseback deal flow.
• Wihlborgs Fastigheter AB: Wihlbors is a Swedish commercial real estate company with a strong logistics/industrial portfolio concentrated in the Öresund region (Malmö, Lund, Copenhagen). It competes with SLP for logistics tenants in Skåne, shares the same Malmö HQ region, and operates a similar model of long-term leases with corporate tenants.
• Sagax AB: Sagax is a Nasdaq Stockholm-listed Swedish property company focused on industrial and logistics real estate across Sweden, Finland, Denmark, Germany and France. It is a direct peer in the Nordic logistics segment with a similar sale-and-leaseback model, long indexed leases, and focus on light industrial/logistics assets in strategic locations.
• Cibus Nordic Real Estate AB: Cibus Nordic Real Estate is a Nasdaq Stockholm-listed company that owns and develops a portfolio of modern logistics and light industrial properties across the Nordics and Germany. It is a direct peer in Nordic logistics real estate with a similar focus on grocery, 3PL, and industrial tenants.
• Annehem Fastigheter AB: Annehem is a Nasdaq Stockholm-listed Swedish commercial real estate company with logistics/light industrial assets in strategic Nordic locations. Founded/led by Peter Strand (SLP's vice chairman), it is a closely related direct peer in the Swedish logistics segment.
• Catena AB: Catena is the leading pure-play Swedish logistics property company with a portfolio concentrated in Scandinavia along major transport corridors. It is the most direct comparable to SLP, sharing the same geography, tenant base of large logistics operators, and focus on sale-and-leaseback transactions; multiple SLP executives (e.g., Christian Berglund, Filip Persson) previously worked at Catena.

Broad incumbents

• Castellum AB: Castellum is one of the largest listed Nordic commercial real estate companies with significant logistics and light industrial exposure in Sweden and Denmark. While far larger and more diversified across office/logistics/public premises, it is a broad incumbent competing with SLP for Swedish logistics acquisitions and tenants.
• Fastighets AB Balder: Balder is one of Sweden's largest listed real estate companies with diversified exposure across residential, commercial, and logistics assets. SLP chairman Erik Selin is Balder's CEO, creating direct board-level ties; while Balder is far larger and more diversified, it is a relevant incumbent peer competing for Swedish logistics deals.

Regional players

• Diös Fastigheter AB: Diös is a Swedish commercial real estate company focused on city properties in Nordic growth cities, with growing logistics exposure. Annie Franzon of Diös was elected to SLP's board in 2026; both companies operate in Swedish regional logistics/industrial markets.

Emerging players

• K-Fast Holding AB (K-Fastigheter): K-Fastigheter is a Nasdaq Stockholm-listed Swedish property company developing and managing residential and commercial/logistics properties in southern Sweden. Board member Jacob Karlsson is K-Fast's founder and CEO; both companies are active in southern Swedish property markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/swedish-logistic-property

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Swedish Logistic Property