Brief: Catena Signs Lease Agreement With Nowaste Logistics

Catena AB

14/10/2022 07:31

Oct 14 (Reuters) - Catena AB  CATE.ST :
    * CATENA SIGNS A NEW LEASE AGREEMENT WITH NOWASTE LOGISTICS
    * SIGNED A SEVEN-YEAR LEASE WITH NOWASTE LOGISTICS FOR A
RECENTLY
COMPLETED LOGISTICS FACILITY WITH AN AREA OF 16,169 M(2) AT
LOGISTIKPOSITION TOSTARP
    * EXTENSION IS EXPECTED TO BE COMPLETED IN NOVEMBER 2022 AND
WILL
ADD APPROXIMATELY 5,000 M(2) TO FACILITY.
    * ESTIMATED NET OPERATING INCOME OF SEK 9.4 MILLION
    * TOTAL INVESTMENT FOR NEW FACILITY AMOUNTED TO SEK 135
MILLION

Source text for Eikon:  ID:nWkr2g0kVJ 
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