03:02 AM EDT, 10/19/2026 (MT Newswires) -- Catena (CATE.ST) intends to develop a new logistics facility in Pirkkala, Finland, at an estimated cost of 131 million kronor. The Stockholm-listed property company said Monday that it plans to build the 5,800-square-meter facility on a site spanning 14,400 square meters. The project will include a warehouse and distribution areas, light-assembly space and offices. Catena tapped Finnish developer Teräselementti to build the facility, which will be leased to an unnamed Finnish industrial automation company under a seven-year deal. Construction is planned to start in the autumn of 2026, with handover scheduled for autumn 2027.

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