Correction, inside information: Aspo’s subsidiary Leipurin signs a sale and lease back agreement for its property in Tyresö, Sweden
14 June 2023 - 2:45AM
Correction, inside information: Aspo’s subsidiary Leipurin signs a
sale and lease back agreement for its property in Tyresö, Sweden
Aspo PlcInside informationJune 13, 2023, at 7.45 p.m.Correction:
This stock exchange release includes the same inside information
that was incorrectly made public through a press release on June
12, 2023, at 10:15 p.m.Correction, inside
information: Aspo’s subsidiary Leipurin
signs a sale and
lease back
agreement for its property in
Tyresö, Sweden
Aspo’s subsidiary Leipurin has signed a sale and lease back
agreement for its property in Tyresö, Sweden. The property came
into Leipurin’s ownership via the Kobia acquisition that took place
on 1 September 2022. The buyer of the property is Revelop, a
Swedish real estate investor.
With this transaction, Leipurin completes the program to sell
and lease back the three properties it obtained in the Kobia
acquisition. The aggregated sales price of the Gothenburg,
Hässleholm and Tyresö properties is approximately EUR 13.6 million.
As a result of the sale and lease back transactions, Aspo
recognizes a total sales gain of approximately EUR 0.4 million
after expenses.
The transactions as a whole are close to cost neutral, as the
depreciation expense of the assets owned will be replaced by
depreciation for the leased assets of similar size. The initial
lease term for all properties is 5 years and the total EBIT impact
is approximately EUR -0.15 million annually. “The Tyresö
transaction marks the completion of our sale and lease back program
for the Kobia property and I am very happy about the prompt
execution and favorable results of the process. Overall, Leipurin’s
Kobia acquisition has already proven to be a success – both
strategically, financially and operationally”, says Rolf Jansson,
CEO of Aspo Group.
Aspo PlcRolf JanssonCEO
Further information, please contact:Rolf Jansson, CEO, Aspo Plc,
tel. +358 400 600 264, rolf.jansson@aspo.com
Distribution:Key mediawww.aspo.com
Aspo creates value by owning and developing
business operations sustainably and in the long term. Our companies
aim to be market leaders in their sectors. They are responsible for
their own operations, customer relationships and the development of
these aiming to be forerunners in sustainability. Aspo supports its
businesses profitability and growth with the right capabilities.
Aspo Group has businesses in 18 countries, and it employs a total
of approximately 900 professionals.
Aspo (LSE:0J8S)
Historical Stock Chart
From Apr 2024 to May 2024
Aspo (LSE:0J8S)
Historical Stock Chart
From May 2023 to May 2024
