Catena

• Placement via accelerated bookbuild offering of 3,000,000 new ordinary shares at a subscription price of SEK 360 per share, raising gross proceeds of SEK 1.08 billion
• Compared to the long-term net asset value per share of SEK 245.08 as of 31 December 2020, the subscription price corresponds to a premium of 47%
• The transaction attracted a large number of Swedish and international institutional investors
• Catena intends to use the transaction proceeds to continue growing through investments in property development projects and property acquisitions, and to maintain the company’s stable capital structure

Catena AB is a Swedish logistics property company that owns, develops, manages and sells logistics properties. As of 31 December 2020, its portfolio consists of 113 logistics properties, primarily located in southern and central Sweden and with a total value of c. SEK 18.6 billion. Its operations take place in the regions of Gothenburg, Helsingborg, Jönköping, Malmö and Stockholm. 

• Kempen & Co has been involved as Global Coordinator / Bookrunner in the four largest European Logistics Real Estate ECM transactions of Q1 2021
• Kempen & Co has advised on Real Estate transactions in 13 different countries in Europe since 2017
• This transaction underpins our leading position in European Real Estate ECM since 2011