OM:CATEReal Estate
Catena (OM:CATE) Valuation Check After Nordic Logistics Acquisition And Long Term Cramo Lease
Catena (OM:CATE) has agreed to acquire a modern logistics property near Helsinki Airport in Aviapolis, Vantaa, for about SEK 575 million. The property is anchored by Cramo Finland on a 10 year lease.
See our latest analysis for Catena.
Catena's latest Finnish acquisition comes as the stock has eased in the short term, with the share price down 13.73% over 90 days, while the 3 year total shareholder return of 21.81% points to a stronger longer run outcome.
If this logistics deal has you...