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Catella signs lease agreement in Vaggeryd

Catella AB acquires land area and signs lease agreement in Vaggeryd through Infrahubs.

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In June 2020, Catella announced, in line with the company's stronger focus on properties, its intention to invest SEK 500 million to develop a logistics property in the municipality of Norrköping through the company Infrahubs Fastighet 2 AB. The investment is a part of Catella's strategy to develop modern logistics properties. Infrahubs Fastighet 4 AB has now signed the company's next major agreement.

As a first step, a 170,000 square meter land area in the municipality of Norrköping was acquired in June 2020. Work is now ongoing to complete a logistics property of approximately 70,000 square meters, which is fully let to Postnord TPL AB with a 10-year lease agreement.

Infrahubs Fastighet 4 AB has today acquired a 76,000 square meter land area in the municipality of Vaggeryd, with an option for an additional 53,000 sqm of adjacent land. In the first phase, Infrahubs will develop a logistic property of 45,000 square meter where a tenant has signed a lease agreement from 2022-09-01 to 2032-11-30. The land acquisition with Vaggeryd also includes an option for an additional 35,000 sqm of logistics property on a 53,000 sqm adjacent land together with a provision of an additional 113,000 square meter land area.

“Infrahubs are very pleased with the acquisition and the development of another new modern logistics property. Our dialogue with the municipality of Vaggeryd has been very good throughout the whole process and we are looking forward to our continued cooperation with both them and the future tenant” says Andreas Ekberg, Founder and Chief Operating Officer at Infrahubs.