Catena acquired logistics property in Landskrona for €213.6m (SE)

Catena acquired logistics property in Landskrona for €213.6m (SE)

Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Landskrona. The tenant in the newly built logistics facilities is a subsidiary of the international DSV Group


The acquisition is a corporate transaction, with an underlying property value of c. €213.6m and is taking the form of a sale-leaseback transaction. 


The property in question, Orja 1:22, is located in an optimum position logistically, right next to the E6/E20 motorway in Landskrona municipality. The site area is around 274,000m2 and the lettable area is just over 180,000m2, distributed over two recently constructed buildings. 


The property will be certified to BREEAM Excellent, and its roof features a large solar cell plant with a total capacity of 14 MWp installed by the tenant. The ambition is to supply the facilities with renewable energy and enable electric vehicle charging, with any surplus being transferred to the local power grid. The warehousing space in question includes both automated solutions and cold storage areas. 


We’re growing and we’re not only adding substantial state-of-the-art, well-conceived logistics space to our property portfolio, we’re also forging a deeper relationship with DSV, which is becoming one of Catena’s biggest tenants,” said Jorgen Eriksson, CEO at Catena.


At DSV, we feel confident with Catena as our new landlord. Their history and knowledge in logistics and real estate is impressive, and they have high ambitions in the area of sustainability just like us,” said Brian Winther Almind, Executive Vice President at DSV Group Property.


Catena is a long-term partner that works closely with its customers, and through active management and our expertise, we are laying the very best foundations for developing this property and our partnership with DSV even further,” said Fredrik Rena, Regional Manager South at Catena.


Image source - Cision.


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