Logistri to sell Ludvika project properties to Hitachi Energy for SEK 1.38 billion

what happened

Swedish property company Logistri Fastighets reported that it is selling the Ludvika Gonäs 1:178 and 1:181 properties to Hitachi Energy under the terms of an option agreement. The agreed property value, including additional orders so far, is about SEK 1,382 million, and the project profit is estimated at roughly SEK 120 million. According to TradingView, Hitachi Energy has notified Logistri that it will exercise its option to acquire upon completion of the project.

The logistics center, about 103,000 square meters, is being developed together with Torngrund. Possession is expected on April 12, 2027, and the parties must sign a share purchase agreement in Q4 2026. At closing, Logistri expects net proceeds of about SEK 683 million, while Torngrund is set to receive around 5.3 million Class B shares at SEK 16.5 per share.

why it matters

For Logistri, the deal frees up capital. The company estimates its acquisition scope after the transaction at about SEK 1,600 million and targets a property value above SEK 5,000 million and property management profit above SEK 200 million by 2028.

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