Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Catella AB (publ)    CAT B   SE0000188518

CATELLA AB (PUBL)

(CAT B)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Catella : advisor to Wihlborgs

share with twitter share with LinkedIn share with facebook
09/30/2020 | 09:50am EDT

Press release from Wihlborgs

Today Wihlborgs signed an agreement to sell 21 properties in Malmö encompassing a total of 124,000 m².

The properties are in Arlöv, Bulltofta and the port in Malmö, encompassing 24,000 m² of office space and 100,000 m² of logistics and production premises.

The sale is through a corporate wrapper with an underlying property value of SEK 1,430 million. As of end June the book value of the properties amounted to SEK 1,079 million. The rental value is SEK 110 million, average remaining lease term is 31 months and the properties are currently 92 percent let. The buyers are real estate funds managed by Blackstone and the portfolio will be incorporated in its pan-European last mile logistics platform, Mileway.

'We consider it positive that new actors are making major investments in Malmö. It is testament to the region's appeal and development potential and a clear sign that there is significant interest in long-term, stable rental flows,' says Ulrika Hallengren, CEO of Wihlborgs.

'Wihlborgs' strategy is to have a strong focus on attractive sub-areas with potential for development and these transactions contribute to that. Now we can put stronger focus on other areas where we have identified major opportunities for future development and value growth for us. Malmö has a diverse, growing economy with both service and production companies, and we see several interesting possibilities ahead of us.'

The following properties are included in the sale:
Arlöv 17:4, Finngrundet 4, Flintan 3, Flygledaren 9, Flygvärdinnan 5, Fältsippan 1, Gulsippan 4, Hanö 1, Höjdmätaren 1, Kirseberg 31:53, Skevrodret 2, Skjutstallslyckan 11, Spillepengshagen 1, Spillepengshagen 3, Spillepengsmarken 8, Stenshuvud 3, Stocken 2, Tågarp 16:19, Tågarp 16:42, Utgrunden 8 and Åkarp 1:69

The new owner will take possession of the properties on 1 December 2020.

Wihlborgs Fastigheter AB (publ)

To the press release

Disclaimer

Catella AB published this content on 30 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2020 13:49:00 UTC


share with twitter share with LinkedIn share with facebook
All news about CATELLA AB (PUBL)
10/15CATELLA : Nordic Market Tracker 2020
PU
10/06ARTICLE REFI : Catella Residential lines up €200m for pan-European fund
PU
10/05CATELLA : Dutch Residential Fund II buys Gerlachus Senior Living Complex in Maas..
PU
10/01CATELLA : acted as Renor's advisor in the sale of a historic office property in ..
PU
10/01CATELLA : Credit sentiment recuperates as dovish policy prevails
PU
09/30CATELLA : advisor to Wihlborgs
PU
09/23CATELLA : Athanase's acquisition of the shares in Catella Fondforvaltning AB com..
AQ
09/23CATELLA : Wohnen Europa Fund Passes €1 billion Milestone with Helsinki Residenti..
PU
09/23CATELLA : Wohnen Europa Fund Passes €1 billion Milestone with Helsinki Residenti..
PU
09/22CATELLA : Athanase's acquisition of the shares in Catella Fondförvaltning AB com..
PU
More news
Financials
Sales 2020 2 013 M 230 M 230 M
Net income 2020 45,0 M 5,15 M 5,15 M
Net cash 2020 205 M 23,5 M 23,5 M
P/E ratio 2020 41,0x
Yield 2020 4,76%
Capitalization 1 866 M 213 M 214 M
EV / Sales 2020 0,83x
EV / Sales 2021 0,78x
Nbr of Employees 578
Free-Float 39,4%
Chart CATELLA AB (PUBL)
Duration : Period :
Catella AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CATELLA AB (PUBL)
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts 2
Average target price 30,00 SEK
Last Close Price 21,10 SEK
Spread / Highest target 42,2%
Spread / Average Target 42,2%
Spread / Lowest Target 42,2%
EPS Revisions
Managers
NameTitle
Per Johan Claesson President, Chief Executive Officer & Director
Kurt Jan Erik Roxendal Chairman
Christoffer Abramson Chief Financial Officer
Johan Damne Director
Joachim Hansi Gahm Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CATELLA AB (PUBL)-19.92%213
BLACKROCK, INC.26.78%97 187
UBS GROUP AG-7.89%44 596
T. ROWE PRICE GROUP INC.21.55%33 617
BANK OF NEW YORK MELLON CORPORATION (THE)-25.15%33 381
STATE STREET CORPORATION-17.43%23 041