INTERIM REPORT JANUARY - SEPTEMBER, 2009


INTERIM REPORT JANUARY - SEPTEMBER, 2009

Catena displays substantially higher earnings

•  Rental revenue during the period totaled SEK 151.8 M (140.4).

•  Income from property management amounted to SEK 87.9 M (64.6), or SEK 7.60
per share (5.59).

•  Profit before tax for the period was SEK 88.1 M (3.3). 

•  Profit after tax for the period amounted to SEK 64.7 M (6.0), or SEK 5.59 per
share (0.52).

•  Realized change in value included in profit before tax amounted to SEK 3.2 M
(4.3)

•  Unrealized change in value amounted to a loss of SEK 3.0 M (loss: 65.6), for
which property accounts for a loss of SEK 0.3 M (loss: 62.2) and derivatives for
a loss of SEK 2.7 M (loss: 3.4).

•  Investments in existing portfolio amounted to SEK 34 M (98) during the
period.


Peter Hallgren, President and CEO:

•  Catena's earnings improved significantly during the period. Rental revenue
increased by 8.1 per cent and income from property management rose by 36 per
cent compared with the corresponding period in the preceding year. The increases
are attributable to favorable new letting, a savings program that is beginning
to yield results and significantly lower financing expenses. The occupancy rate
remained high at 97.2 per cent.

•  Catena's operations have been marginally affected by the recession. In 2009,
rental losses due to a bankruptcy and a company reorganization comprised about
0.5 per cent of rental revenue. Catena's property values were relatively
marginally affected in 2009, while the decline in value was slightly more than
10 per cent in 2008.

•  Catena continues its strategy of investing in and improving its property
portfolio. The property in Haninge has been upgraded to a modern automotive
facility with several auto brands. The renovation was completed in September.



For information, please contact Peter Hallgren, President and CEO, tel
+46-31-760 09 32, or Rune Jonsson, CFO, tel +46-31-760 09 35


N.B. This is a translation from Swedish. The Swedish version shall always take
precedence.


The Interim Report can be downloaded from www.catenafastigheter.se


This information is such that Catena AB (publ) must release it publicly in
accordance with the Swedish Securities and Clearing Operations Act and/or the
Financial Instruments Trading Act. The information was released to the public on
October 28, 2009, at 08.15 a.m.

Catena shall own, effectively manage and actively develop commercial real estate
in prime locations that offers the potential to generate steadily growing cash
flow and favorable value growth. Catena's overriding objective is to provide
shareholders with a favorable, long-term total return by being one of the
leading players involved in commercial real estate in a number of strategic
locations. 

For more information about Catena, visit www.catenafastigheter.se

Attachments

10282005.pdf