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Catella's partly owned company Infrahubs sells logistic properties in Ljungby and Örebro

Catella's partly owned company Infrahubs has signed an agreement to sell two logistic properties to a fund managed by Genesta (Property Nordic) for approximately SEK 580 million after deduction of deferred tax.

One property is located in Ljungby with an area of approximately 26,000 square meters and a total development cost of SEK 180 million. The other property is located in Örebro with an area of approximately 23,000 square meters and a total development cost of SEK 190 million. Catella’s ownership of the development projects amounts to 40% in Ljungby and 50% in Örebro.
 
"Despite a slightly cooler transaction market at the moment, interest in these properties has been substantial. This shows a continued solid demand for the modern and sustainable logistics properties with long leases with strong tenants that we are developing in Sweden together with Infrahubs," says Christoffer Abramson, CEO of Catella.
 
The transaction is expected to be completed during the second quarter of 2022.
 

For further information, please contact:

Michel Fischier
Head of Investor Relations and Group Communications
+46-8-463 33 86
michel.fischier@catella.se

About Catella

Catella is a leading specialist in property investments and fund management, with operations in 13 countries. The group has over EUR 12 billion in assets under management. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.

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Catella's partly owned company Infrahubs sells logistic properties in Ljungby and Örebro

Datum 2022-06-13, kl 08:00
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Catella's partly owned company Infrahubs sells logistic properties in Ljungby and Örebro
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