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Catena Buys Logistics Properties in Finland for SEK2.1 Billion

MT Newswires·10/01/2026 03:54:18
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03:54 AM EDT, 10/01/2026 (MT Newswires) -- Swedish real estate company Catena (CATE.ST) agreed to purchase 10 logistics properties across Finland from Urban Partners for 2.15 billion kronor. The portfolio, which includes two properties under construction, has a lettable area of 142,300 square meters and 105,600 square meters of unused building rights, according to a Thursday release. The properties have a 100% occupancy rate, an average unexpired lease term of 7.3 years, and are expected to generate a total annual net operating income of 137 million kronor.