The Torbornahögen 7 property is in Ättekulla industrial area in Helsingborg and covers a total area of 41,800 sqm. The acquisition is taking the form of a sale and leaseback transaction in which DSV Road AB, in connection with the transaction, are signing a 10-year lease with Catena for a newly constructed, 29,330 sqm logistics facility. This will be certified to BREEAM Very Good standard and equipped with a 500 kW solar cell plant.

The tenant of the newly constructed facility, DSV Road AB, is a subsidiary of DSV Road Holding A/S, which supplies logistics solutions for road transport in Europe and has distribution networks in both North America and Africa.

“We are looking forward to welcoming DSV Road as a tenant while expanding our property holding in Helsingborg with several high-quality spaces. Catena has long had deep roots in Helsingborg, which is regularly ranked as one of Sweden’s best logistics locations,” says Fredrik Renå, Regional Manager South at Catena.

The estimated net operating surplus will be SEK 23-24 million, with the tenants taking possession on 27 March 2024. Catena also already owns the Bunkagården Mellersta 1 and Bunkagården Mellersta 2 properties in the Ättekulla industrial area.