Setterwalls has advised Catena on the divestment of two properties through share deals

Setterwalls has advised Catena AB on the divestment of the properties Varla 6:15 in Kungsbacka and Glasblåsaren 14 in Linköping. The transactions were structured as share deals and form part of Catena’s ongoing strategy to develop and streamline its property portfolio with an increased focus on modern logistics properties.

The divested properties comprise a total lettable area of approximately 35,000 square metres and have been sold at a combined property value of approximately SEK 430 million, before deduction for deferred tax. The annual rental value amounts to approximately SEK 33 million.