Catena Invests and Signs Lease in Jönköping

Sweden Sweden Catena is investing EUR 10M in an existing logistics building in Jönköping and is signing a seven-year lease with Procurator. Following the investment, all logistics space in the property will be fully leased.

2018-05-16

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Catena will commence a major project at the Tahe 1:64 property in Jönköping after the summer, with large parts of the building being remodelled and with the property being extended by 16,000 square metres. At the same time, a new seven-year lease is being signed with Procurator. Following the investment, the property will contain some 41,800 square metres of lettable space, including modern logistics space and offices. 

Procurator offers a wide range of clothing, personal protective equipment, cleaning products, hygiene products, packaging solutions and restaurant items to customers in the Nordic region.

“Suitably located and with the opportunities for customized premises that Catena offers, Procurator will be able to ensure efficient flows of goods and to create other conditions enabling us to meet our customers’ stringent demands on delivery service. We already conduct some of our operations on the property and, with the expansion, will be able concentrate all operations to a single location,” says Zdenko Topolovec, CEO of Procurator.

“The fact that we are now signing a lease with Procurator, a market leader in its sector, while exercising existing development rights and also having the property fully leased, demonstrates the success of the long-term and strategic approach we are pursuing,” says Catena’s Regional Manager in Jönköping, Christian Berglund.

The property is located on the Torsvik industrial estate, immediately south of Jönköping and adjacent to the E4 motorway. Procurator is expected to move into the property towards the end of 2019.




Maria Olsson Äärlaht
maria@nordicpropertynews.com




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