Added to YB: 2025-06-16
Pitch date: 2025-06-11
LOGI-B.ST [bullish]
Logistea AB (publ)
+5.01%
current return
Author Info
No bio for this author
Company Info
Logistea AB (publ) engages in the real estate business in Sweden. It acquires, develops, rents, manages, and sells warehousing, logistics, and light industrial properties.
Market Cap
SEK 7.2B
Pitch Price
SEK 13.90
Price Target
N/A
Dividend
0.72%
EV/EBITDA
20.76
P/E
16.63
EV/Sales
16.38
Sector
Real Estate Management and Development
Category
growth
Investing Journal: Logistea AB
LOGI-B.ST: Nordic industrial REIT trading at ~6.5% cap rate, 15x pre-tax FFO, slight NAV premium. Accretive acquisitions at 8.3% yield adding 12-15% to PFPM. Risks: tenant concentration (BEWI 29% of rent), short 2.5yr debt maturity. Growth via SEK500m equity raise for acquisitions to meet 15% PFPM/share growth target.
Read full article (7 min)