LOGI-BNasdaq StockholmReal EstateIFRS · SEK

Logistea A

Logistea AB (publ) is a real estate company focused on acquiring, developing, and managing properties and land for warehousing, logistics, and light industry. The company aims to be a long-term partner for businesses seeking sustainable and modern premises. Logistea is listed on Nasdaq Stockholm Mid Cap under the tickers LOGI A and LOGI B. The company emphasizes sustainable practices, with a goal to have 50% of its loan portfolio in green financing by 2027.

Revenue650m SEK
−7.9 %y/y
Operating profit (EBIT)1,384m SEK
+97.4 %y/y
EBIT margin212.9%
+113.6 ppy/y
Net income781m SEK
+136.7 %y/y
Free cash flow451m SEK
+111.7 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

05001,0001,5002,000m SEK2021: 93 m SEK20212022: 257 m SEK2022: EBIT 500 m SEK20222023: 357 m SEK2023: EBIT 162 m SEK20232024: 706 m SEK2024: EBIT 701 m SEK20242025: 650 m SEK2025: EBIT 1,384 m SEK2025TTM 2026: 1,583 m SEKTTM1,583
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Logistics Properties40 %

Includes properties for storage and distribution

Warehousing Facilities30 %

Properties for warehousing operations

Light Industrial Premises20 %

Facilities for light manufacturing and industry

Sustainable Solutions10 %

Green financing and eco-friendly property management

Customers

Logistea's customers primarily consist of companies requiring sustainable and modern premises for warehousing, logistics, and light industry. The company focuses on long-term partnerships, offering triple net lease contracts that transfer operational and maintenance costs to tenants. This approach attracts financially stable tenants seeking customized property solutions. Logistea's diversified customer base across various industries helps mitigate risks associated with rental losses and vacancies.

Logistics Companies

Lease logistics properties for distribution and storage

Light Industry Firms

Require premises for light manufacturing

Sustainability-focused Businesses

Seek eco-friendly and sustainable property solutions

Strategy

Logistea's strategic priorities include expanding its property portfolio through acquisitions and developments, focusing on sustainable and eco-friendly solutions. The company aims to increase profit from property management and net asset value per share by 15% annually over five years. Logistea is committed to maintaining a loan-to-value ratio below 60% and an interest coverage ratio above 1.8 times. The company prioritizes growth over dividends, reinvesting profits to enhance shareholder value.

Portfolio ExpansionMedium term

To increase market presence and revenue

Sustainability InitiativesLong term

To meet green financing goals

Financial GrowthLong term

To enhance shareholder value

Geography

Logistea operates primarily in the Nordic region, with a significant presence in Sweden, Norway, Denmark, and Finland. The company manages a diverse portfolio of properties across these countries, focusing on strategic locations with high demand for logistics and industrial spaces. Sweden represents the largest market, while Norway and Denmark show strong growth in transaction volumes. Logistea's geographic diversification helps mitigate regional economic fluctuations and vacancy risks.

Risks

Logistea faces several risks, including fluctuations in property market values and interest rates, which can impact financial performance. The company's reliance on triple net leases reduces operational cost risks but exposes it to tenant default risks. Economic downturns in the Nordic region could affect demand for logistics and industrial spaces. Additionally, regulatory changes in environmental standards could increase compliance costs. Logistea's strategy to diversify its tenant base and geographic presence helps mitigate these risks.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Property Market Fluctuations1Tenant Default2Interest Rate Changes3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Property Market FluctuationsImpact: HighLikelihood: Medium

    Affects asset valuations and rental income

  2. Tenant DefaultImpact: HighLikelihood: Medium

    Could lead to rental income loss

  3. Interest Rate ChangesImpact: MediumLikelihood: Low

    Impacts financing costs and profitability

  4. Regulatory ChangesImpact: Medium

    Increases compliance costs

Accounting

Judgemental items
Property Valuation

Market fluctuations impact asset values

Impact: high

Triple Net Lease Accounting

Affects revenue recognition and operational costs

Impact: medium

Interest Rate Derivatives

Significantly influence financial results

Impact: high

Business Combinations

Affect consolidated financials under IFRS 3

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Logistea A (LOGI-B) Revenue, Earnings & Financials 2025 – Clarifo