Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Helsingborg via a corporate transaction at an underlying property value of SEK 398 million before deduction of deferred taxes. The Torbornavägen 7 property is in Ättekulla industrial area in Helsingborg and covers a total area of 41,800 m2. The acquisition is taking the form of a sale and leaseback transaction in which DSV Road AB, in connection with the transaction, are signing a 10-year lease with Catena for a newly constructed, 29,330 m2 logistics facility.

This will be certified to BREEAM Very Good standard and equipped with a 500 kW solar cell plant. The tenant of the newly constructed facility, DSV Road AB, is a subsidiary of DSV Road Holding A/S, which supplies logistics solutions for road transport in Europe and has distribution networks in both North America and Africa.