Catena signs 10-year lease with Tidermans Hyrmaskiner AB Catena AB (publ) has signed a 10-year lease with Tidermans Hyrmaskiner AB. The leasing covers one of Catena's facilities at Deltavägen on Hisingen in Gothenburg. The lettable space of the property is about 4,600 square meters, with an annual rent of approximately SEK 3.3 M. The leasing contract is effective as of January 1, 2008. Bilia currently leases the premises but has decided to close down the car operations. Bilia's truck center, which conducts operations in Catena's adjacent property, is continuing activities as previously. For further information, contact Peter Hallgren, President, +46 (0)31 760 09 32, or Rune Jonsson, CFO, +46 (0)31 760 09 35. Catena shall own, effectively manage and actively develop commercial real estate in prime locations that offers the potential to generate steadily growing cash flow and favorable value growth. Catena's overriding objective is to provide shareholders with a favorable, long-term total return by being one of the leading players involved in commercial real estate in a number of strategic locations. For more information about Catena, visit www.catenafastigheter.se
Catena signs 10-year lease with Tidermans Hyrmaskiner AB
| Source: Catena AB