Location of the Properties. Each Property being acquired on such Property Closing Date is located in the continental United States.
Location of the Properties. Notes (1) Nybro (2) Olofström (3) Jönköping (4) Götene (5) Lidköping (6) Tingsryd (7) Örebro Source: the Vendor The WAULT of the Lease Agreements is approximately 14.2 years (as of 1 August 2017), either with 100% adjusted equivalent to changes in the Swedish CPI (Nybro, Tingsryd and Örebro) or a yearly fixed 2% up-lift (Olofström, Jönköping, Götene and Lidköping). The agreed annual rent (excluding supplements) for the Portfolio amounts to approximately SEK 44.3 million, corresponding to SEK 424 per sqm. Rental income and leasable area are fairly equally distributed among the Properties. Total rental income per sqm of SEK 431 (including supplements) is perceived to be in line or even below logistics/light industrial market rent according to Datscha.
Location of the Properties. Source: SCB There has been a positive population growth in all municipalities between 2012 and 2016. The average population growth for the municipalities in the Portfolio amounts to 3.5% compared to the national average of 4.6%.
Location of the Properties. Source: the Vendor The weighted remaining lease period of the Lease Agreements is approximately 12 years, 90% adjusted equivalent to changes in the Swedish CPI. However, Stadium has a break option in 2023, thus, the weighted average remaining lease term until first break amounts to approximately 10 years as of 1 April 2017. The agreed annual rent for the Portfolio amounts to approximately SEK 95.2 million, corresponding to SEK 686 per sqm. Rental income and leasable area are fairly equally distributed among the Properties. Total rental income per sqm of SEK 686 is perceived to be in line with prime market rent according to JLL, Xxxxxxx and NAI Svefa.
Location of the Properties. Source: The Vendors, the Company The Company’s estimated income distribution is illustrated in the graphs below.
Location of the Properties. Source: The Vendors The Öresund region has ~3.7 million inhabitants.2 The communications in the region are good. The E6/E20 highway connects both Helsingborg, Lomma, Landskrona and Kävlinge to major cities on the Swedish west coast, such as Gothenburg and Malmö, as well as to Copenhagen and other parts of Denmark. Many companies have established operations in the area, large private employers in the region include PEAB, Skanska, Sony, Trelleborg and Tetra Pak. 2 Öresundsregionen Short facts, Lomma, Helsingborg, Landskrona and Kävlinge municipalities vs Country average Facts in brief Lomma municipality Helsingborg Landskrona municipality municipality Kävlinge municipality National average Population 22,946 135,344 43,574 29,600 33,612 Average age 40.7 40.9 41.1 39.6 41.2 Unemployment rate 3.5% 10.8% 15.3% 5.4% 8.0% People with university education 45.2% 22.7% 16.7% 26.7% 25.1% Median income SEK 310,387 SEK 237,900 SEK 215,940 SEK 277,114 SEK 248,690 Largest private employer Förenade Care AB ICA DSV Road XX Xxxxxxx & Xxxxxxxx Service AB n/a Largest public sector employer Lomma municipality Helsingborg municipality Landskrona municipality Kävlinge municipality n/a Municipal council M+FP+C+KD M+FP+C+KD FP+M+MP M+FP+MP+C+KD n/a Source: SCB Between 2004 and 2014, Lomma experienced a total population growth of 23%, Kävlinge of 15% and Helsingborg and Landskrona of 12%, compared to the Swedish total population that grew by 8% during the same time.3 Lomma municipality was the third fastest growing municipality during the last decade, only Sundbyberg and Solna (both located in Stockholm County) grew faster. The population in Lomma municipality is expected to increase by 9.1% by 2022 and the population in Helsingborg municipality is expected to increase by 7.5% by the same year.4 Landskrona and Kävlinge are expected to grow at a slightly slower rate, by 5.1 and 5.8% respectively during the same period. 5 This suggests that there will continue to be a high demand for residential apartments in the region, as well as commercial premises in prime locations. The graph below illustrates the population growth in Helsingborg, Lomma, Landskrona and Kävlinge municipalities during the last decade. Population growth, Helsingborg, Lomma, Landskrona and Kävlinge municipalities vs Sweden Helsingborg Lomma Landskrona 125 120 115 110 105 100 95 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: SCB 3 SCB 4 Region Skåne 5 Region Skåne
Location of the Properties. This Option agreement includes 25 Lots, numbers 560 through 584, located in the Laguna Palms section of The Reserve development in the Stann Creek District of Southern Belize, which is part of the Sittee River Wildlife Reserve (the “Lot” or “Lots”).
