Brief: Catena Signs Lease Agreement With Menigo

Catena AB

15/03/2022 07:33

March 15 (Reuters) - Catena AB  CATE.ST :
    * CATENA SIGNS LEASE AGREEMENT WITH MENIGO AND INVESTS SEK
607
MILLION AT LOGISTICS POSITION LANDVETTER
    * DURATION OF LEASE IS TEN YEARS, WITH AN ESTIMATED
OPERATING
SURPLUS OF APPROXIMATELY SEK 38 MILLION
    * SITE OFFERS MENIGO OPPORTUNITIES FOR FUTURE EXPANSION OF
ABOUT
8,000 M(2)
    * CONSTRUCTION WILL COMMENCE IN AUTUMN OF 2022 AND MENIGO
PLANS TO
MOVE IN DURING SUMMER OF 2024

Source text for Eikon:  ID:nWkr7wgjl0 
Further company coverage:  CATE.ST 

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