Catella to offer residential property solutions

Catella Real Estate AG –  the property business that is part of the Catella group listed on the First North Premier of Nasdaq in Stockholm – has said it is going to offer new residential funds for institutional clients, with a focus on both acquisitions of new property as well as developments.

The overall Property Investment Management business area has AUM of some €3.1bn , with a presence in Germany, Finland, France, Denmark, Spain and the Baltics. Thus far the focus has been on commercial real estate, meaning that the latest announcement represents a diversification of its property business lines.

Catella said that Xavier Jongen will head the new residential property platform.

Catella Real Estate AG has been a ‘cooperation partner’ in an existing €900m European open ended residential property fund since 2007. This area will be expanded following the establishment of the new platform for investors.


Close Window
View the Magazine

You need to fill all required fields!