Catena has today submitted an application for a building permit for a logistics facility in the E-City Engelholm e-commerce area.
Catena has today signed a lease with DHL Express and will be investing SEK 150 million at Sunnanå Logistics Position, just outside Malmö.
An increase in profit from property management by 16 percent generates a capacity to continue strengthening Catena’s position through further investment and active project development.
A 7,500 square-metre extension is to be constructed at one of Catena’s existing logistics facilities in Rosersberg, in the Municipality of Sigtuna north of Stockholm.
Christoffer Bööj has been appointed as Catena’s new Business Developer – a central role with considerable focus on new transactions and project development, directly supporting the company’s strategy of continued growth.
Catena today acquired the Muttern 6 property. The property of slightly more than 7,800 square metres in the Rollsbo industrial area in the Municipality of Kungälv is located close to two other Catena properties.
Helén Lindskog is the new Business Controller at Catena, a strategically important role focusing on profitability analysis, valuation and investment monitoring.
Expanding Alvestaglass AB is a new tenant at one of Catena’s properties in Växjö.
Catena shows a strong start to the year with a continued stable cash flow in the first quarter. Active project development over time and lower interest expenses are two factors that contribute to the strong profit.
Catena is to construct a new, efficient logistics facility adjacent to the Katrineholm logistics centre to be leased to PostNord.
Catena Arena. This will be the new name of the Rögle BK ice hockey team’s home rink in Ängelholm when property company Catena AB becomes the club’s new arena sponsor.
Shareholders of Catena AB (publ) are hereby invited to attend the Annual General Meeting on Thursday, 25 April 2019 at 4.00 p.m. at the World Trade Center, Klarabergsviadukten 70 in Stockholm, Sweden.
Tove Palm will assume the position of Sustainability Manager at Catena on 1 March. The newly-established position involves overall responsibility for coordinating, developing and managing the company’s combined sustainability efforts.
Catena has today signed a 15-year lease with PostNord and will be investing SEK 250 million in a new terminal at the Tostarp Logistics Position in Helsingborg. This will be the fourth facility to commence development at the site.
In preparation for the Annual General Meeting of Catena AB (publ) on 25 April 2019, the company’s Nomination Committee announces its proposal regarding the Chairman of the Board and other Board members.
With the fourth quarter’s results, Catena are summarising a strong 2018. Catena’s active project development work is successful and we maintain a high delivery rate where new projects are initiated continuously. An improved letting ratio contributes to a higher profit from property management, which in turn generates a good cash flow development.
Jörgen Eriksson has been appointed as the new Regional Manager for Malmö and begins work in his new position today.
Catena is now investing SEK 101 million in a second stage at the Tostarp logistics position in Helsingborg, where Nowaste Logistics AB already has operations.
Catena has today acquired and gained access to the Lagret 1 property in Umeå for a value of SEK 174 million. PostNord is the tenant on the property, which is being sold by Klockarbäcken Property Investment AB.
Through sustained and active efforts, net operating surplus, letting ratio and rental income are continuously enhanced. This underlies the profit from property management, which increased by 27 percent compared with the corresponding period in 2017.
Catena has today signed an agreement with Smedberg Logistik- & Industrimark AB to acquire 450,000 square metres of land at the new logistic position Stockholm Syd in the Municipality of Nykvarn.
Following a number of major acquisitions and investments over the year, Catena has also had an active summer with a series of smaller transactions generating conditions for continued growth.
Profit from property management has risen by 25 percent and our project portfolio has never been larger. Catena has both the capacity and the expertise to continue strengthening our position through further investments.
Catena has today signed an agreement to divest its remaining holding in the Regulatorn 2 property in Huddinge, south of Stockholm. The location of the property is considered not suitable to the purposes of a logistics warehouse.
Catena is today acquiring and taking possession of a property valued at SEK 280 million from the seller Domarbo Skog AB. The tenant at this efficient and climate-intelligent e commerce facility is online pharmacy Apotea.
Solid Försäkring AB is also moving into the magnificent eight-storey building on Landskronavägen, acquired by Catena in 2017. There is currently a great deal of activity in the property, a highly-visible landmark in Råå, Helsingborg.
Catena is investing SEK 107 million in an existing logistics building in Jönköping and is today signing a seven-year lease with Procurator. Following the investment, all logistics space in the property will be fully leased.
Catena has today signed a lease with DS Smith and Lekia and is investing SEK 358 million at Logistics Location Sunnanå, just outside Malmö, Sweden.
Catena continued to show improved profitability and continued growth in the first quarter. This success can be attributed to Catena’s ability to quickly identify customer needs as logistics becomes an increasingly important part of efficient retailing, due to new trends in consumption and purchasing patterns.
Shareholders of Catena AB (publ) are hereby invited to attend the Annual General Meeting Thursday, 26 April 2018 at 4:00 p.m., at the IVA conference centre, Grev Turegatan 16 in Stockholm, Sweden.
Catena has initiated a collaborative effort to develop a new logistics and food cluster through an associated company that will acquire properties in Bjuv for a total property value of SEK 85 million.
Today, Catena is acquiring the Mappen 1 property in Linköping for a purchase consideration of SEK 68.1 million. The slightly more than 22,000 square-metre property is strategically located adjacent to Catena’s other two properties in the area.
Catena has today signed a seven-year lease with Chefs Culinar and is investing more than SEK 115 million in a new logistics building. This will be the third company to establish operations at Logistikposition Sunnanå with a distribution warehouse of approximately 7,600 square metres.
“The fourth quarter results confirm the positive trend we saw during the year. At the same time, we have strengthened our positions in Malmö, Gothenburg and the Stockholm area. An improved letting ratio has resulted in increased profit from property management and allowed us to continue to generate strong cash flow. This enables us to grow further with new projects in order to develop our portfolio.”
Catena will today acquire and gain access to five logistics properties valued at a total of SEK 1.1 billion. The purchase consideration will be paid in part by means of 1,678,017 newly issued shares in Catena, making Kilenkrysset one of the five largest shareholders in Catena. Kilenkrysset and Catena are initiating a partnership in the logistics sector.