Catena acquires property in Kungälv
Catena today acquired the Muttern 6 property. The property of slightly more than 7,800 square metres in the Rollsbo industrial area in the Municipality of Kungälv is located close to two other Catena properties.
29 May 2019, 12:00 p.m. CET
Catena today gained access to the Muttern 6 property in the Rollsbo industrial area in the Municipality of Kungälv. The acquisition is being conducted as a corporate transaction valued at SEK 52 million and the vendor is Thunbolagen West AB. The property is situated on a 36,000 square-metre plot, and the lettable area amounts to about 7,800 square metres. The property is currently vacant.
“Catena perceives considerable potential in the attractive and growing Rollsbo area. With this acquisition, we continue to strengthen our positions in the area, being able to offer additional modern premises appropriate for the purposes of warehousing and logistics,” says Catena’s Regional Manager in Gothenburg, Johan Franzén.
Catena already owns the Fördelaren 1 and Bulten 1 properties in the same area, both of which are fully leased.
For further information, please contact
Benny Thögersen, CEO
Tel. +46 (0)706-60 83 50
Johan Franzén, Regional Manager Gothenburg
Tel. +46 (0)730-70 22 60
Catena is a listed property company that, through collaboration sustainably develops, owns and manages efficient logistics facilities. Its strategically located properties supply the Scandinavian metropolitan areas and are adapted for both current and future goods flows. The overall objective is to generate strong cash flow, enabling stable development and providing shareholders a favourable total return in the long term. The properties had a total value of SEK 15,075.2 million as of 31 March 2019. Catena’s shares are traded on NASDAQ Stockholm, Mid Cap.