Catena makes SEK132m extension to Nowaste's Tostarp Logistics Position, Helsingborg.

NORDIC BUSINESS REPORT-October 3, 2019-Catena makes SEK132m extension to Nowaste's Tostarp Logistics Position, Helsingborg

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Catena AB (STO:CATE), a property company that develops, owns and manages logistics facilities, announced on Wednesday its investment of SEK132m in an extension of an existing building for tenant Nowaste Logistics AB, which offers tailored logistics and warehousing services in several industries and segments.

Reportedly, this extension of approximately 18,000 square metres will be constructed adjacent to Nowaste's first facility at Logistics Position Tostarp, which was completed in the autumn of 2018.

This extension is the third stage in Nowaste's expansion at the site alongside the E6 motorway outside Helsingborg, with a 30,400 square-metre logistics building previously having been erected in 2018, as well as an 11,000 square-metre high-bay warehouse that will be completed this November, both of which...

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