Catenas Strong Financial Position Leads to Positive Outlook for Logistics Property Sector
Catena’s credit rating has been confirmed as BBB+ with a positive outlook due to their strong financial position and focus on attractive logistics properties. The company aims for sustainable growth and
Catena’s credit rating has been confirmed as BBB+ with a positive outlook due to their strong financial position and focus on attractive logistics properties. The company aims for sustainable growth and
Catena’s Strong Financial Position Leads to Positive Outlook for Logistics Property Sector
Catena AB (publ) has had its credit rating outlook adjusted from stable to positive due to the company’s strong financial position and market position. The rating reflects Catena’s focus on logistics properties, which are favored by long-term trends such as high occupancy rates and stable profitability. David Silvesjö, Catena’s Chief Treasury Officer, expressed pride in the company’s development and ability to show strong key performance indicators despite macroeconomic uncertainty.
The credit rating adjustment ensures that Catena will be able to continue financing its operations on favorable terms. Silvesjö and Jörgen Eriksson, CEO of Catena, can be contacted for further information regarding the credit rating adjustment.
Catena is a listed property company that develops and manages efficient logistics facilities through collaboration. Its properties are strategically located to supply Scandinavian metropolitan areas and adapted for both current and future flows of goods. The overarching objective is to generate a strong cash flow from operating activities to enable sustainable growth and stable returns.
As of March 31, 2023, Catena’s properties had a total value of SEK 27,939 million. The company’s shares are traded on NASDAQ Stockholm, Large Cap.