Catena invests in and extends lease on facility in Haninge

Catena invests in and extends lease on facility in Haninge

Catena has decided to invest SEK 4 million in an automotive facility in Haninge.
As a result of the investment, the facility will be upgraded to modern standard.
At the same time, an agreement has been reached with the tenant, Bilia,
concerning a five-year extension of the current lease until 2019. During the
term of the lease, a rent supplement will be paid for the investment. 

“This is fully in line with our aim of securing cash flows over longer periods,”
says Peter Hallgren, President and CEO of Catena.


For information, please contact Peter Hallgren, President and CEO, tel
+46-31-760 09 32

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.