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.
31 May 2023, 4.30 p.m. CEST On May 31, 2021, Catena established an MTN program (Medium-Term Notes) for issuance purposes in the Nordic capital market with a framework of SEK 5 billion. Catena has upd...
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.
Logistics property company Catena now ranked as one of Sweden’s best workplaces.
Shareholders of Catena AB (publ) are hereby invited to attend the Annual General Meeting on Thursday 27 April 2023 16:00 CEST, at Clarion Hotel Sea U, Kungsgatan 1, in Helsingborg, Sweden.
In preparation for the Annual General Meeting of Catena AB (publ) on 27 April 2023, the company’s Nomination Committee announces its proposal regarding, among other, Chairman of the Board and other Board members.
Catena has signed a contract to acquire 85,000 m2 of logistics land in Stigamo, Jönköping.
In 2022, Catena methodically and successfully continued to work toward its corporate goals and sharpened its property portfolio. With the directed rights issue and the acquisitions made during the last quarter, Catena has entered 2023 with a strong position.
Catena is adding the net debt/EBITDA ratio key performance indicator to its existing finance policy.
