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Catena’s Joint Venture Sells Gothenburg Logistics Facility

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Catena’s Joint Venture Sells Gothenburg Logistics Facility

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Catena Media ( (SE:CTM) ) has provided an announcement.

Catena, through its joint venture Sörred Logistics Park with Platzer, has agreed to sell a newly built logistics facility in Gothenburg to Savills IM’s European Urban Logistics & Industrial Fund for SEK 385 million. The facility, fully leased to Volvo Personvagnar AB, is set to be transferred on 1 July 2025, and features a BREEAM-SE Excellent certification and a 500 kW photovoltaic system.

More about Catena Media

Catena is a publicly traded property company that focuses on developing and managing efficient logistics facilities in a sustainable manner. Their properties are strategically located to serve Scandinavian metropolitan areas, aiming to generate strong cash flow and sustainable growth. Catena shares are listed on NASDAQ Stockholm, Large Cap.

Average Trading Volume: 86,821

Current Market Cap: SEK135M

For an in-depth examination of CTM stock, go to TipRanks’ Overview page.

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