Catena extends several leases with ICA

Catena has signed an agreement with ICA Fastigheter to extend leases in Kungälv, Järfälla and Borlänge. 

3 September 2019, 4:00 p.m. CET

The extensions relate to leases regarding a total of approximately 107,000 square metres. for premises in the Fördelaren 1 property in Kungälv, the Slammertorp 3:3 property in Järfälla and the Planeraren 2 property in Borlänge. The extensions are for a five-year period in Kungälv, seven years in Järfälla and eight years in Borlänge. In connection with the signing of the new leases, Catena has made investments in the properties in the order of SEK 55 million.

"ICA is an important customer with large volumes and a high rate of change. We are very pleased that ICA has chosen to continue its collaboration with Catena and we look forward to continuing to develop together," comments Maths Carreman, Catena's Regional Manager in Stockholm.

 

For further information, please contact  

Benny Thögersen, CEO  
Tel. +46 730-660 83 50 
benny.thogersen@catenafastigheter.se  

Maths Carreman, Regional Manager Stockholm  
Tel. +46 730-70 22 12 
maths.carreman@catenafastigheter.se  

Johan Franzén, Regional Manager Gothenburg  
Tel. +46 730-70 22 60 
johan.franzen@catenafastigheter.se  

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. As of 30 June 2019, the properties had a total value of SEK 15,570.4 million. Catena’s shares are traded on NASDAQ Stockholm, Mid Cap.

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Catena owns, actively develops and manages efficient logistics properties in prime locations. The overriding objective is to show strong cash flow to enable stable development and dividends for shareholders. Catena AB is listed on the Nasdaq Stockholm exchange.

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