Sweden-based real estate company Catena AB has signed a preliminary agreement to purchase 20 logistics properties across Sweden, Denmark, and Finland. The undisclosed leading Nordic partner is selling these assets, which have a total value of approximately 9 billion Swedish krona (720 million British pounds) and encompass about 600,000 m2 of leasable area.

The majority of these properties are located in Sweden (72%) and Finland (25%). Catena describes the assets as modern, high-quality properties situated in strategic logistics locations, leased to established tenants. The portfolio boasts an average remaining lease term of 11 years.

Catena AB is a Sweden-based real estate company that specializes in investing, owning, and developing logistics properties. Photo: *Catena*.

Jörgen Eriksson, CEO of Catena, stated, "Catena is a long-term, growth-oriented logistics real estate company. We consistently see the potential in adding high-quality assets to our portfolio, and this deal also provides an opportunity for expansion into Finland, a new and promising market for Catena."

The company expects to finalize the purchase agreement in late february, following the standard due diligence process. The transaction is projected to close on 1/4. Catena anticipates funding the acquisition from existing capital and new loans, utilizing its established financing channels.

Catena AB specializes in investing, owning, and developing logistics properties. The firm strategically focuses on assets connected to key transport infrastructure, serving supply chains and distribution operations. Catena pursues a long-term ownership strategy, emphasizing asset quality, stable lease agreements, and sustainable development. The company is listed on Nasdaq Stockholm.

Gia Han (According to Logistics Manager)