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Swedish Logistic Property reports 26% rise in rental income in first quarter

#International News#Residential#Sweden
Last Updated : 17th Apr, 2026
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Synopsis

Swedish Logistic Property AB reported a strong start to the year with a notable increase in rental and operating income. Rental income rose by 26% year-on-year, supported by portfolio expansion and stable demand for logistics assets. Net operating income also recorded a similar growth trend. The company has been consistently strengthening its position in the Nordic logistics market, benefiting from long-term leases and tenant demand driven by e-commerce and supply chain optimisation.

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Swedish Logistic Property AB reported a 26% year-on-year increase in rental income for the first quarter, reaching SEK 296 million compared to SEK 236 million in the corresponding period last year. The growth reflects continued expansion of its logistics property portfolio and stable leasing activity.


The company's net operating income also increased by 27% to SEK 258 million, indicating improved operational performance and efficient cost management across its assets. The rise in both rental and operating income highlights steady demand for logistics spaces, particularly in key distribution and warehousing locations.

In recent quarters, the company has focused on acquiring and developing modern logistics facilities in strategic locations across Sweden. This aligns with broader market trends where logistics real estate continues to benefit from supply chain restructuring and growth in online retail.

The company has maintained a portfolio strategy centred on long-term tenant agreements, which has supported income visibility and reduced vacancy risks. The performance also follows a period of consistent growth for Nordic logistics developers, driven by increasing need for last-mile delivery hubs and regional distribution centres.

Source Reuters
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