Catena leases premises to Instabox in both Umeå and Sundsvall
Delivery company Instabox is currently moving into two Catena facilities, one in Umeå and the other in Sundsvall.
10 September 2020, 8:30 a.m. CET
Instabox is a shipping service for express deliveries of e-commerce goods offered via select online stores – delivering primarily to “smart boxes”. The company is expanding in Sweden and has signed a three-year agreement with Catena to lease approximately 500 square metres of logistics space of in the Mätaren 6 property in Umeå and approximately 740 square metres in the Sköns Prästbord 2:4 property, which is located in Sundsvall. The facilities form part of Instabox’s expansion currently being conducted in the north of Sweden.
“We are delighted to be setting up operations in Sundsvall and Umeå – this is a key stage of our expansion in northern Sweden. These purpose-designed premises, located in two highly attractive logistics locations, suit us perfectly,” says Carl-Johan Ekholm, Project Manager at Instabox.
“Their innovative approach to sustainable deliveries and their ambitious plans to provide smart boxes throughout Sweden make Instabox an exciting tenant. We look forward to our continued partnership and being able to follow their progress,” says Johan Svedin, Real Estate Manager at Catena.
Instabox will move into its new premises in October 2020.
For further information, please contact
Tobias Karlsson, Regional Manager, Tel. +46 (0)730-70 22 36,
tobias.karlsson@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 2020, the properties had a total value of SEK 17,222.5 million. Catena’s shares are traded on NASDAQ Stockholm, Mid Cap.
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