Swedish Logistic Property (SLP) has announced the acquisition of a logistics property in Falkenberg, marking a significant expansion of its portfolio. The transaction, valued at approximately 430 million SEK, involves the purchase of a newly formed company that owns the land, construction contracts, and a lease agreement for the site known as Falkenberg Tröinge 6:75. The seller, Astoria Fastigheter, is a project developer with a focus on creating value through strategic real estate investments.

The property spans 65,000 square meters, with plans to construct a building covering over 38,000 square meters. A 12-year lease agreement has been signed with Speed Logistics, a company specializing in third-party logistics services. This agreement ensures an annual rental income of around 28 million SEK for SLP, further solidifying the property's value and contribution to SLP's revenue stream.

Tommy Åstrand, CEO of SLP, expressed enthusiasm about the acquisition, highlighting the addition of a modern, sustainable, and fully leased logistics property in a prime location along the E6 highway. Åstrand also welcomed Speed Logistics as a new tenant and noted that the deal extends SLP's average lease duration, enhancing the stability of its income. The move-in is scheduled for the second quarter of 2026, with the acquisition being financed through SLP's own funds.

This strategic acquisition underscores SLP's commitment to expanding its footprint in the logistics sector, leveraging prime locations and long-term leases to ensure sustainable growth. The deal not only adds a high-value asset to SLP's portfolio but also strengthens its relationship with Speed Logistics, a key player in the logistics industry. With this investment, SLP continues to demonstrate its ability to identify and capitalize on opportunities that align with its long-term objectives.

Italian aerospace and defense conglomerate Leonardo has taken a significant step into the cybersecurity sector by acquiring a 24.55% stake in Finland's SSH Communications Security Corporation. This strategic investment, valued at approximately €20 million, positions Leonardo as the largest shareholder in SSH, surpassing Accendo Capital, which will retain a 20.87% stake post-transaction. The move underscores Leonardo's commitment to expanding its cybersecurity capabilities in an increasingly digital and interconnected world.

The partnership between Leonardo and SSH is set to leverage SSH's expertise in Secure Shell (SSH) protocol and Privileged Access Management (PAM) solutions, areas critical for securing digital communications and access to sensitive systems. SSH's global reputation and technological advancements, including quantum-safe encryption technologies, align with Leonardo's strategic objectives to enhance its cybersecurity offerings. This collaboration is expected to drive innovation in protecting critical infrastructure and digital assets against evolving cyber threats.

Roberto Cingolani, CEO and General Manager of Leonardo, highlighted the acquisition as a pivotal element of the company's industrial plan, aiming to establish Leonardo as a leader in the Zero Trust revolution in Europe. The deal not only expands Leonardo's international portfolio but also strengthens its position in the cybersecurity market, which is anticipated to experience double-digit growth in the coming years.

The transaction, subject to certain conditions, marks a significant milestone for both companies. For SSH, the investment by Leonardo opens new avenues for growth and collaboration in the defense sector, a market with compelling opportunities. For Leonardo, the stake in SSH represents a strategic move to bolster its cybersecurity business, reflecting the growing importance of cyber defense in modern warfare and security strategies. Together, Leonardo and SSH are poised to address the complex challenges of cybersecurity in an era of digital transformation and geopolitical tensions.