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Logistri Fastighets Agrees SEK1.4 Billion Properties Sale in Sweden to Hitachi Energy

MT Newswires·10/29/2026 02:01:24
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02:01 AM EDT, 10/29/2026 (MT Newswires) -- Logistri Fastighets (LOGIST-B.ST, LOGIST-A.ST) agreed to sell properties in Ludvika, Sweden, to electrification technology company Hitachi Energy at a total valuation of 1.38 billion kronor. The Swedish real estate company said Thursday that Hitachi is exercising an option to acquire the Ludvika Gonäs 1:178 and 1:181 properties. It expects project profit of 120 million kronor, to be potentially used for future purchases. The transaction is subject to the completion of a 103,000 square-meter project that Logistri is developing for Hitachi in collaboration with real estate company Torngrund. The deal for the sale is expected to be signed in the fourth quarter of 2026, with the project's completion expected on April 12, 2027.