Kategori: CA Fastigheter AB

Erik Rune becomes the new president and CEO of Claesson & Anderzén AB and chairman of the board of CA Fastigheter AB

Posted on by olivia

The board of Claesson & Anderzén AB has appointed Erik Rune as CEO, taking office no later than November 15 this year. At the same time, Erik will take over as chairman of the board for CA Fastigheter AB.

Erik has many years of experience from leading positions in the property industry, including as CEO of Holmströmgruppen and Managing Director of London & Regional Properties’ Nordic operations. He has also worked with property financing at SEB and Eurohypo. In recent years, Erik has been running his own consulting business combined with various board assignments.

”Erik will be a strong addition with his broad background from real estate and financing but also from tech and startups. These are experiences that CA will greatly enjoy,” says Johan Claesson, chairman of Claesson & Anderzén AB.

”CA is a well-managed group with a long history, strong position and exciting operations both within and outside of Sweden. I am both honored and happy about the opportunity to further develop the company together with my new colleagues,” says Erik Rune.

Erik succeeds Johan Damne, who is leaving after leading the CA Group successfully for 35 years.

For questions, please contact Claesson & Anderzén AB’s chairman Johan Claesson, johan.claesson@claessonanderzen.com or 070-5471636.

Catella AB (publ) contemplates to issue new senior unsecured green bonds and announces tender offer regarding outstanding senior unsecured bonds

Posted on by olivia
Catella AB (publ) (“Catella” or the “Issuer”) has mandated DNB Bank ASA, filial Sverige and Nordea Bank Abp as joint bookrunners to arrange investor meetings to investigate the possibility of issuing new SEK denominated senior unsecured green bonds with an expected volume of SEK 500 million under its medium term note programme, with an expected tenor of 3.5 years (the “New Green Bonds”). Subject to market conditions, a capital markets transaction may follow.

The proceeds from the potential transaction will be used in accordance with the newly established green bond framework and include financing or re-financing of eligible green projects related to green buildings, renewable energy, and energy efficiency.

In connection with the issue of New Green Bonds, Catella is offering holders of the Issuer’s outstanding senior unsecured floating rate bonds maturing on 17 March 2025 with an outstanding nominal amount of SEK 1,250 million (ISIN: SE0015660444) (the “Existing Bonds”) to tender (subject to a transaction cap) their Existing Bonds for purchase by the Issuer for cash (the “Tender Offer”) at a price of 100.95 per cent of the nominal amount, plus accrued and unpaid interest. The Existing Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 26 August 2024 (the “Tender Information Document”).

The full terms and conditions of the Tender Offer can be found in the Tender Information Document, which is available in the following link: www. catella.com/bonds
The Tender Offer expires at 12:00 CET on 29 August 2024, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Issuer. Settlement of the Tender Offer is expected to occur at or around 5 September 2024. The Issuer’s repurchase of Existing Bonds is conditional upon a successful issue of New Green Bonds and the conditions set forth in the Tender Information Document.

Holders of Existing Bonds who accept the Tender Offer will be eligible to receive a priority in the allocation of the New Green Bonds, subject to the terms set out in the Tender Information Document.

The Issuer has mandated DNB Bank ASA, filial Sverige, and Nordea Bank Abp as joint arrangers and bookrunners in respect of the issuance of the New Green Bonds, structuring advisors for the green bond framework and as dealer managers and tender agents for the Tender Offer. Advokatfirman Cederquist KB has been appointed as legal counsel.

For more information, please contact:
Michel Fischer
CFO
+46-8-463 33 86
michel.fischier@catella.se

For further information, please contact:

Michel Fischier
CFO
+46-8-463 33 86
michel.fischier@catella.se

Interim report CA Fastigheter AB (publ) January-June 2024

Posted on by olivia
  • Rental income increased by 8% and amounted to MSEK 451 (417).
  • Net operating income increased by 14% to MSEK 305 (269), giving a surplus ratio of 67.7% (64.4%).
  • Profit from property management increased by 6% and amounted to MSEK 160 (151), mainly since the increased operating surplus exceeds the increased financial costs.
  • Profit from project activities amounted to MSEK 0 (22).
  • The market value of the properties amounted to MSEK 14,572 (15,407 CA Fastigheter does not market value the properties continuously during the year, increased value from year end 2023 refers to investments and exchange rate fluctuations.
  • Profit after tax amounted to MSEK 136 (130). The increase is mainly due to changes in the value of derivatives and shares.

 

Significant events during the period April – June 2024:

-During the period, Malin Claesson Stenström, who is part of the fourth generation of the owner family, has been appointed as the new CEO of CA Fastigheter.

-CA Fastigheter already has a credit rating according to BBB-, Stable. At the annual credit assessment, which was published in April, CA Fastigheter maintains it’s credit rating.

-During the period, the fourth phase of the major refurbishment of the property Växjö 6:69 was completed. This phase comprised 102 apartments. With the completion of the fourth phase, 409 of a total of 613 apartments have been renovated. These projects are a significant investment in our long-term work to develop the investment properties and the tenant offering.

 

For further information, please contact:

 

Malin Claesson Stenström, VD

+4673-923 97 59, malin.claesson@cafastigheter.se

Caroline Menninge, CFO

+4670-534 25 86, caroline.menninge@cafastigheter.se

CA Fastigheter publishes prospectus and applies for admission to trading at Nasdaq Stockholm

Posted on by olivia

CA Fastigheter Aktiebolag (publ) (“CA Fastigheter”) has on 28 March 2024 issued senior unsecured green bonds in an amount of SEK 500 million within a framework of SEK 1 billion (the“ Bonds”).

In accordance with the terms of the Bonds, CA Fastigheter has undertaken to apply for admission of the Bonds at Nasdaq Stockholm. Accordingly, CA Fastigheter has prepared a listing prospectus which has been approved by the Swedish Financial Supervisory Authority today. The prospectus is available on CA Fastighter’s website www.cafastigheter.se and the Swedish Financial Supervisory Authority’s website www.fi.se. The application for admission to trading has been submitted and the first day of trading in the Bonds on the sustainable bond list of Nasdaq Stockholm is expected to be on or around 15 May 2024.

 

For further information, please contact:

Malin Claesson Stenström, CEO

+4673-923 97 59, malin.claesson@cafastigheter.se

Caroline Menninge, CFO

+4670-534 25 86, caroline.menninge@cafastigheter.se

Interim report CA Fastigheter AB (publ) January-March 2024

Posted on by olivia

Interim report CA Fastigheter AB (publ) January-March 2024

 

  • Rental income increased by 9% to MSEK 222 (203).
  • The operating surplus increased by 14% to MSEK 143 (125), giving a surplus ratio of 64.4 (61.8) %.
  • Profit from property management decreased by 3% and amounted to MSEK 78 (80). The decrease is mainly due to an increased financial expense.
  • Profit from project activities amounted to MSEK 0 (23).
  • The market value of the properties amounted to MSEK 14,573 (15,191). CA Fastigheter does not market value the properties continuously during the year, increased value from year end 2023 refers to investments and exchange rate fluctuations.
  • Profit after tax amounted to MSEK 99 (48). The increase is mainly due to changes in the value of derivatives.

 

Significant events during January – March 2024:

– In February, CA Fastigheter appointed Malin Claesson Stenström as its new CEO. Malin will take up her position in connection with Andreas von Hedenberg’s resignation on April 30, 2024. Malin is part of the fourth generation of the owner family and currently holds the position of Regional Manager in Stockholm for CA Fastigheter.

– CA Fastigheter has issued a senior unsecured green bond in an amount of SEK 500 million with a tenor of three years and will carry a floating interest rate of STIBOR 3m plus 225 basis points per annum. The bond issue took place on 28 March 2024. CA Fastigheter intends to apply for admission to trading of the bond on the sustainable bond list of Nasdaq Stockholm. In connection with the issuance of a new bond, an early redemption of the previous green bond of SEK 500 million has been made.

 

For further information, please contact:

Andreas von Hedenberg, CEO
+4673-965 58 19, andreas.von.hedenberg@cafastigheter.se

Caroline Menninge, CFO
+4670-534 25 86, caroline.menninge@cafastigheter.se