Within the framework of the MTN programme updated in May 2024, Catena has issued senior unsecured green bond loans with SEK 500 million maturing in three years, and SEK 500 million maturing in five years.
Catena AB (‘Catena’) has, in accordance with previously published information, increased its total number of shares and votes in August.
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Foodhills Fastighet AB has signed an agreement to sell the Bjuv 23:6 property in Bjuv via a corporate transaction at an underlying property value of SEK 645 million before the deduction of deferred taxes.
Catena has sold its Kornmarksvej 1 property in Brøndby, Denmark, to KKR and Palm Capital through a corporate transaction with an underlying property value of DKK 400 million.
A strong focus on growth and operational development in the first half of the year is contributing to higher earnings capacity. With profit from property management for the period increasing by four percent on the previous year to SEK 608 million, and rental income rising by 14 percent to SEK 1,020 million, Catena is showing that its planned path forwards is the right one.
Today, Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Landskrona. The acquisition expands Catena’s property portfolio by just over 180,000 m[2] of logistics space. Access to the property takes place in connection with the signing of the agreement.
Catena AB (publ) makes a correction stating that the press release should have been published as a regulatory press release. The press release is otherwise unchanged, and is set out in full below: In 2021, Catena established an MTN program (MediumTerm Notes) for issuance purposes in the Nordic capital market with a framework of SEK 5 billion. Catena has now updated the prospectus for the MTN program.
In 2021, Catena established an MTN program (MediumTerm Notes) for issuance purposes in the Nordic capital market with a framework of SEK 5 billion. Catena has now updated the prospectus for the MTN program.
Sweden's leading builders' merchant group, Mestergruppen, is moving its warehouse management to Catena's property in Jönköping.
Nordic Credit Rating (NCR) has upgraded its long-term credit rating on Catena to BBB from BBB-. The outlook is stable.
As a result of the growth phase that Catena is in, Mikael Tröjbom Johansen is taking on the new role of Regional Manager Denmark.
The credit rating agency Fitch Ratings affirms Catena’s credit rating BBB- with a stable outlook in its annual credit rating of the issuer.
At Catena’s Annual General Meeting the 25 April 2024 the general meeting approved, among other things, the Board of Director’s proposal for a dividend for 2023 of SEK 8.50 per share.
With its robust financial position and ambitious objectives, Catena has the prerequisites for further growth and development.
Catena’s green financing framework is being replaced by an updated framework, the scope of which has been broadened to encompass the EU taxonomy and to better match the company’s long-term sustainability targets.
Catena AB (‘Catena’) has, in accordance with previously published information, increased its total number of shares and votes in March.
Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Helsingborg via a corporate transaction at an underlying property value of SEK 398 million before deduction of deferred taxes.
Catena’s Annual and Sustainability Report for 2023 has now been published and is available at the company’s website.
Shareholders of Catena AB (publ) are hereby invited to attend the Annual General Meeting on Thursday 25 April 2024 16:00 CEST, at Clarion Hotel Sea U, Kungsgatan 1, in Helsingborg, Sweden.
On Thursday, March 14, a symbolic groundbreaking was held for the new Logistics Position Ramlösa in Helsingborg.
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Sörred Logistic Park in Hisingen, Gothenburg, continues to grow. Catena and Platzer have signed an agreement with Volvo Cars, with the intention that they will take on 15,000 m² of space at the Sörred 8:16 property.
In preparation for the Annual General Meeting of Catena AB (publ) on 25 April 2024, the company’s Nomination Committee announces its proposal regarding, among other, Chairman of the Board and other Board members.
Catena is acquiring a Danish property in Hvidovre, an investment of 420 million Danish kroner. The seller is Bulk Industrial Real Estate AS, and the tenant is Scan Global Logistics.
With strong earnings and a stable balance sheet, Catena’s prospects for further developing its already strong position are optimal.
Catena is building a new logistics facility with substantial office space in Malmö, a total investment of SEK 195 million. A nine-year lease agreement has been signed with the e-commerce company Rugvista.
Catena will redefine its regional divisions as of 1 January 2024 and, thereby, update its segment reporting.
Catena AB (‘Catena’) has, in accordance with previously published information, increased its total number of shares and votes in October.
With increasing rental income and profit from property management, Catena is showing that it is possible to deliver and generate business even in an uncertain market.
The members of the Nomination Committee for Catena AB's Annual General Meeting 2024 have now been appointed.
With a zoning plan that has now gained legal force, the development of the new Logistics Position Söderåsen in Bjuv municipality can begin.
On 4 July 2023, Catena AB (’Catena’ or ‘the Company’) publicly announced that an agreement had been signed for the acquisition of all shares in Bockasjö AB and its subsidiaries (’Bockasjö’). Today, Catena completed the acquisition of Bockasjö and simultaneously, by virtue of the authorisation received on 27 April 2023 by the Board of Directors at the Annual General Meeting, carried out a new share issue of 328,094 shares to the sellers of Bockasjö.
Catena has acquired two new-build properties in Fjärås, Kungsbacka, Sweden, via a corporate transaction at an underlying property value of SEK 246 million before deduction of deferred taxes. Today, it is taking possession of one of these properties.
Despite the challenging business environment, Catena continues to win attractive business based on its unique land bank and long-term customer relationships.
Catena is signing a new loan agreement with Nordiska investeringsbanken (the Nordic Investment Bank). The agreement is for SEK 430 million with a maturity of eight years and is linked to Catena’s project with Elgiganten in Jönköping.
Today Catena signed an agreement to acquire Bockasjö AB, one of Sweden’s most successful developers in the logistics property segment. In connection with the deal, which will close in October 2023, Catena will issue new shares as part of the purchase price.
Catena is building a new 5,012 m[2] refrigeration terminal in Sundsvall, with a total investment of SEK 120 million. A ten-year lease agreement has been signed with Kyl & Frysexpressen.
Catena is starting the construction of three logistics facilities in Helsingborg totalling approximately 75,000 m2, an investment of SEK 950 million. The facilities will be a new landmark in the city and set the standard for the logistics properties of the future.
On May 25, credit rating agency Fitch Ratings has published credit rating BBB- with a stable outlook for the logistics property company Catena.
The outlook has been adjusted due to Catena’s good financial position and strong market position.
At Catena’s Annual General Meeting the 28 April 2022 the general meeting approved, among other things, the Board of Director’s proposal for a dividend for 2021 of SEK 8.26 per share.
In a time of uncertainty, with many companies forced to take a step backwards, Catena is striding forwards. With unique growth opportunities and a robust financial profile, the company is able to seize the opportunities that present themselves and continue to develop its operations.
The first section has now been completed in the construction of Elgiganten’s new logistics facility in Jönköping, a building covering a total floor area of 86,600 square metres with a load-bearing structure made entirely from glulam.
Catena is building a new 33,000 m[2] logistics facility in Jönköping, with a total investment of SEK 379 million. A lease agreement has been signed with Nowaste Logistics.
Catena signs a new loan agreement with Handelsbanken. The agreement covers energy performance criteria for two of Catena’s properties.
Catena’s Annual and Sustainability Report for 2022 has now been published and is available at the company’s website.
