Catena expands further in Denmark and issues new shares
Catena is acquiring six logistics properties for a combined property value of approximately SEK 815 million following deductions for deferred taxes. The purchase consideration will be paid in part through newly issued shares in Catena.22 February 2021, at 3:30 p.m. CET Catena AB and Danish company H5 Properties A/S have signed an agreement for Catena to acquire five properties in Denmark and one in Sweden (Borås) at an underlying property value of approximately SEK 815 million after deduction for deferred taxes. The net operating surplus for all of the properties is estimated at about