Brief: Catena Acquires New Logistics Property For Dkk 328 Million In Horsens, Danmark

Catena AB

27/06/2022 14:16

Catena AB  CATE.ST :
    * CATENA ACQUIRES NEW LOGISTICS PROPERTY FOR DKK 328 MILLION
IN
HORSENS, DANMARK
    * CATENA AB - THIRD-PARTY LOGISTICS COMPANY DKI LOGISTICS
A/S WILL
THEN MOVE INTO PROPERTY AS A TENANT.
    * CATENA AB - TRANSACTION IS FINANCED WITH OWN CASH
RESOURCES AND
WILL BE IMPLEMENTED AS A COMPANY ACQUISITION AT AN ASSESSED
PROPERTY VALUE OF DKK 328 MILLION
    * CATENA AB - PURCHASE PRICE AMOUNTS TO DDK 142 MILLION
    * CATENA AB - . CATENA HAS SIGNED A TEN-YEAR, INDEX-BASED
LEASE
AGREEMENT WITH DKI LOGISTICS A/S.
    * CATENA AB - HE ESTIMATED NET OPERATING SURPLUS AMOUNTS TO
APPROXIMATELY DKK 13.6 MILLION.
    * CATENA AB - CATENA IS SCHEDULED TO TAKE POSSESSION OF
PROPERTY
IN DECEMBER 2022

Source text for Eikon:  ID:nWkr1BY4fw 
Further company coverage:  CATE.ST