HPP is advising Catena AB (publ) on the development and funding of a new logistics facility in Pirkkala, in the Tampere region, representing an investment of approximately SEK 131 million (approximately EUR 11.8 million). HPP’s advice covers the development, construction and completion arrangements for Catena’s investment.
The property is being developed adjacent to the E12 motorway, close to Tampere Airport. The approximately 5,800 square metre facility will comprise warehouse and distribution areas, light-assembly space and offices, on a total site area of approximately 14,400 square metres, and is being designed to provide modern, energy-efficient premises with strong sustainability credentials. The facility will be constructed by the Finnish developer Teräselementti Oy on a turnkey basis.
The property is fully let under a multi-year lease to a Finnish industrial automation company, and the construction is scheduled to begin in autumn 2026, with handover planned for autumn 2027.
Catena is a Swedish real estate company focusing on logistics properties. The company’s shares are listed on Nasdaq Stockholm.
