Catena invests in and extends lease on facility in Haninge

Catena has decided to invest SEK 4 million in an automotive facility in Haninge. As a result of the investment, the facility will be upgraded to modern standard. At the same time, an agreement has been reached with the tenant, Bilia, concerning a five-year extension of the current lease until 2019. During the term of the lease, a rent supplement will be paid for the investment.

“This is fully in line with our aim of securing cash flows over longer periods,” says Peter Hallgren, President and CEO of Catena.