Sale of property in Trelleborg
Logistics property company Catena has signed an agreement to sell an industrial property in Trelleborg.
8 February 2022, 1.30 p.m.
Catena intends to sell the Terminalen 1 property in Trelleborg for a purchase consideration of nearly SEK 130 million. The buyer is the Municipality of Trelleborg.
The property, which is situated in Trelleborg’s eastern industrial area, comprises a plot of approximately 142,000 m2 and lettable space of approximately 24,300 m2, which is largely industrial premises with some office space.
“The transaction represents a good solution for both parties – the property’s functions do not correspond fully to Catena’s focus, while the purchase generates new opportunities for urban planning and continued development in the Municipality of Trelleborg,” says Fredrik Renå, Regional Manager at Catena.
The transaction is conditional on an implementation decision being taken by Trelleborg Municipal Council on 21 March.
For further information, please contact
Jörgen Eriksson, CEO, Tel. +46 (0)730-70 22 42, jorgen.eriksson@catenafastigheter.se
Fredrik Renå, Regional Manager, Malmö, Tel. +46 (0)727-43 45 44 fredrik.rena@catenafastigheter.se
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Catena is a listed property company that, through collaboration sustainably develops and durably manages efficient logistics facilities. Its strategically located properties supply the Scandinavian metropolitan areas and are adapted for both current and future goods flows. The overarching objective is to generate strong cash flow from operating activities to enable sustainable growth and stable returns. As of 30 September 2021, the properties had a total value of SEK 21,972.6 million. Catena’s shares are traded on NASDAQ Stockholm, Large Cap.
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