Catena Strengthens Logistics Hold with SEK 1.275 Billion Acquisition
Deal News | Jul 04, 2025 | Setterwalls
Setterwalls has provided legal advice to Catena in its acquisition of a major logistics facility located in Jönköping. The facility was acquired for an underlying property value of SEK 1.275 billion from a fund managed by Niam. This corporate deal significantly bolsters Catena's logistics space to over 200,000 square meters, with Elgiganten remaining as the sole tenant until 2033. The logistics center, which is certified BREEAM In-Use Very Good, covers approximately 112,000 square meters of lettable area on a total plot size of 232,000 square meters. Strategic location advantages in the Torsvik industrial area further cement its importance as a logistics hub in the Nordic region. The transaction is set to conclude on September 1, 2025.
Sectors
- Logistics and Real Estate
- Legal Services
Geography
- Sweden – The entire acquisition transaction and the property involved are located in Jönköping, Sweden.
Industry
- Logistics and Real Estate – The article discusses a significant acquisition in the logistics real estate market, with the target being a logistics facility.
- Legal Services – Setterwalls is involved as a legal advisor in the transaction, highlighting the role of legal services in corporate real estate deals.
Financials
- SEK 1.275 billion – The underlying property value of the logistics facility acquisition deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catena | Buyer | Company | Catena is the acquiring company in the logistics facility transaction. |
| Niam | Vendor | Company | Niam manages the fund that sold the logistics facility to Catena. |
| Setterwalls | Legal Advisor | Company | Setterwalls provided legal advisory services to Catena for the acquisition. |
| Elgiganten | Tenant | Company | Elgiganten is the tenant occupying the logistics facility, leased until 2033. |