Catena leases to Bring in Västberga, Stockholm

Bring, one of the largest logistics players in the Nordic region, is moving into Catena's facility at the Västberga industrial site in Stockholm.

08 September 2020, 08:30 a.m. CET

Bring, which offers logistics solutions for small and large businesses in the Nordic region, has signed a five-year agreement with Catena, leasing approximately 1,100 square metres of terminal space and a marshalling area of slightly less than 5,500 square metres on the Nattskiftet 11 property. The spaces leased to Bring have been specifically adapted to meet the increasing demand for home deliveries in the e-commerce market. The entire property, which accommodates several tenants, has been modernized and undergone major changes in recent years. These renovations exemplify how logistics properties are developed and can take on new functions as flows and purchasing patterns change.

"We already have a beneficial partnership with Bring and we are pleased to now be able to resolve its needs in Stockholm and to be involved with its continued development of e-commerce deliveries. The unique location in Västberga is perfect for peri-urban deliveries," says Tobias Karlsson who is Catena's Regional Manager in Stockholm.

"These new operations play an important role, both for our home delivery offering, as well as for our green transition. The new premises facilitate an effective city logistics solution, providing more sustainable transport, and, from the outset, deliveries from this depot will be completely fossil-free, predominantly being delivered by electric vehicles," says Tobias Åbonde, who is responsible for home deliveries in the Nordic region at Bring.

Bring will move into its new premises during the fourth quarter of 2020.

For further information, please contact

Tobias Karlsson, Regional Manager Stockholm, 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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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.