Catena divests two properties for €38m

Nordic listed property company Catena has sold two properties in Kungsbacka and Linköping, Sweden, totalling around 35,000 m2, for approximately SEK 430 mln (€38 mln).

Catena

This sale, which is part of their strategy to improve their property portfolio, exceeded the latest valuation by about 9%.

The annual rental value for the properties Varla 6:15 in Kungsbacka and Glasblåsaren 14 in Linköping is approximately SEK 33 mln (€2.9 mln).

The transactions are expected to close in the second quarter of 2026.

Johan Franzén, Catena’s head of Property, commented: “The sale of these properties is a natural step in our continuous work to develop and focus the property portfolio and enables us to devote more attention to the modern logistics properties that today form the core of our growth.”