Press releases 2023

2022-12-30

Catena announces an increase in the number of shares and votes

In accordance with previously published information, the number of shares and votes in Catena AB (publ) has increased.

2022-11-29

Catena completes a directed share issue, raising gross proceeds of SEK 1,642 million

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. The board of directors of Catena AB (publ) (”Catena” or the “Company”) has, based on the authorisation granted by the annual general meeting on April 28, 2022, resolved on a directed issue of 4,534,944 shares at a subscription price of SEK 362 per share (the “Share Issue”). The subscription price has been determined through an accelerated book building procedure and corresponds to a discount of 7.4 percent to the closing share price on November 29, 2022. Upon settlement of the Share Issue, Catena will receive gross proceeds of around SEK 1,642 million. The Share Issue generated a large interest and was oversubscribed.

2022-11-29

Catena intends to carry out a directed share issue

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. Catena AB (publ) (”Catena” or the “Company”) intends to carry out a directed issue of up to 4,534,944 new shares (the “Share Issue”), to Swedish and international institutional investors, through an accelerated book building procedure and has appointed ABG Sundal Collier and Van Lanschot Kempen as Joint Global Coordinators and Bookrunners in connection with the Share Issue.

2022-10-28

Interim Report January – September 2022: Standing strong in a changing world

Catena's rental income rose 12 percent during the period to SEK 1,150 million, while profit from property management amounted to SEK 723 million, an increase of 18 percent compared to the same period last year. Catena has a strong financial position with a low loan-to-value ratio and a good safety margin in its investments. With strong, long-term trends behind it and sustained demand for the company’s properties, Catena holds a unique position in the market with exciting opportunities ahead.

2022-10-21

Catena’s Nomination Committee in preparation for the 2023 Annual General Meeting

2022-07-08

Catena sells property in Kista, Stockholm for SEK 460 million

Catena has signed an agreement to sell the property Vanda 1 in Kista, Stockholm, via a corporate transaction at an underlying property value of SEK 460 million before deduction of deferred taxes. The purchase price for the shares amounts to SEK 345 million.

2022-07-07

Catena strengthens the management team

Catena appoints Amanda Thynell as Head of Sustainability and a member of Catena’s management team.

2022-07-07

Interim Report January – June 2022: Uniquely positioned for the future

Catena continued to deliver a stronger performance, driven by rent increases, acquisitions and new projects. Along with a strong financial position and satisfactory safety margins in the projects, this provides flexibility and unique future opportunities.

2022-06-29

Catena to build groundbreaking logistics facility for Elgiganten, investing SEK 813 million

Catena has signed an agreement with Elgiganten for the construction and rental of a new logistics facility in Jönköping totalling 86 600 square metres. The building, which might become Sweden’s first WELL-certified logistics facility, will be completed in 2024 and the total investment is expected to be SEK 813 million.

2022-06-27

Catena acquires new logistics property for DKK 328 million in Horsens, Danmark

Catena is acquiring a newly constructed property which will be built in Horsens, Denmark from Ejendomsinvest Egeskovvej ApS. The third-party logistics company DKI Logistics A/S will then move into the property as a tenant.

2022-06-10

Catena sells property in Växjö for SEK 260 million

Catena is selling today the property Fröträdet 1 in Växjö via a corporate transaction to Alwex Holding AB for an underlying property value of SEK 260 million. The purchase price for the shares amounts to SEK 177 million and the property is sold at book value. 

2022-05-31

Catena AB publishes an updated MTN prospectus

2022-04-30

Catena announces an increase in the number of shares and votes

In accordance with previously published information, the number of shares and votes in Catena AB (publ) has increased.

2022-04-29

Catena begins next step in Logistics Position Landvetter and signs agreement with MM-Sport

Catena has signed an agreement with MM-Sport for the construction and rental of a new logistics facility at Logistics Position Landvetter in Härryda municipality near Gothenburg. The building is expected to be complete in 2024 and the total investment is anticipated to cost SEK 449 million

2022-04-28

Resolutions made at Catena’s Annual General Meeting 28 April 2022

At Catena’s Annual General Meeting the 28 April 2022 the general meeting approved, among other things, the Board of Director’s proposal for a dividend for 2021 of SEK 8.00 per share.

2022-04-28

Interim report January – March 2022: Catena consolidates its position as a leader in logistics properties

Rental income for the quarter increased to SEK 377 million (329) and net operating income increased to SEK 295 million (259). In a troubled world, Catena stands strong, and the essential function that logistics plays in society has grown even more evident. New projects were started, during the quarter – new modern logistics properties were acquired, a strong, long-term owner was welcomed aboard and the organization was further strengthened.  

2022-04-08

Catena acquires new logistics property for DKK 333 million in Horsens, Denmark

Catena is acquiring a newly constructed property in Horsens, Denmark from Ejendomsinvest Egeskovvej ApS, the third-party logistics company DKI Logistics A/S will then move into the property as a tenant.

2022-03-31

Changes to the Nomination Committee’s proposals to Catena’s Annual General Meeting 2022

The notification of Catena’s Annual General Meeting 2022 was announced in a press release on 25 March 2022. In the press release, the Nomination Committee's proposals for the number of Board Members and the Board Members were presented. Catena’s Nomination Committee has informed Catena of its decision to amend the proposal and to propose new election of one further Board Member. The Nomination Committee proposes that eight Board Members be elected (agenda, item 13) and that Mr. Joost Uwents, CEO of WDP, is elected board member (agenda, item 15).

2022-03-31

Catena strengthens the management team

Catena recruits Johan Franzén as new Head of Business and Property. Johan becomes a member of the company’s management team, in which the company’s Marketing and Communications Manager Annie Nyblom also becomes a part.

2022-03-30

Catena acquires two properties from Halmslätten

Catena has signed an agreement with Halmslätten Fastighets AB regarding the acquisition of two logistics properties in Umeå and Halmstad. The acquisition will be conducted as a corporate transaction at an underlying property value of SEK 1,520 million, prior to the deduction of deferred tax.

2022-03-29

Catena’s Annual and Sustainability Report for 2021 has been published

Catena’s Annual and Sustainability Report for 2021 has now been published and is available at the company’s website.

2022-03-28

Catena agrees a directed share issue to WDP, raising gross proceeds of SEK 2,168.5 million and welcomes a new long-term shareholder and strategic partner

The Board of Directors of Catena AB (publ) (”Catena” or the “Company”) has agreed on a directed issue of 4,122,676 shares at a subscription price of SEK 526.00 per share (the “Share Issue”), equal to a premium of 10bps compared to the latest closing price of 525.5 SEK on March 28, 2022. The issue price results in gross proceeds of SEK 2,168.5 million. The shares will be issued directly to WDP Invest NV/SA, a wholly-owned subsidiary of logistics real estate company Warehouses De Pauw NV/SA (“WDP”), which, upon settlement of the Share Issue, will obtain 9.09% of the shares and voting rights in the Company whilst Backahill, in capacity of Catena’s largest shareholder, has the intention to propose WDP’s CEO, Mr. Joost Uwents, to Catena’s Nomination Committee, as the 8[th] Board member in Catena.

2022-03-25

Notification of Catena’s 2022 Annual General Meeting

Shareholders of Catena AB (publ) are hereby invited to attend the Annual General Meeting on 28 April 2022 16:00 CEST, at World Trade Center, Klarabergsviadukten 70 in Stockholm, Sweden.

2022-03-15

Catena signs lease agreement with Menigo and invests SEK 607 million at Logistics Position Landvetter

Catena is constructing a logistics facility for Menigo at Logistics Position Landvetter – the emerging new logistics hub in the Gothenburg region.

2022-03-04

Nomination Committee’s proposal regarding the Board of Directors of Catena AB

In preparation for the Annual General Meeting of Catena AB (publ) on 28 April 2022, the company’s Nomination Committee announces its proposal regarding, among other, Chairman of the Board and other Board members.

2022-02-22

Year-end report January – December 2021: Catena stands stronger than ever

Record profit for 2021, a continued stable cash flow trend and strong growth in value mean that Catena can continue to grow and to drive the development of the Scandinavian logistics property market.

2022-02-21

Catena submits bid for property portfolio

Catena intends to acquire two properties from Halmslättens Fastighets AB.