News and Press Releases

Catella acted as OP Life Assurance Company Ltd’s exclusive financial advisor in the divestment of a warehouse property in Tuupakka, Vantaa.

The City of Helsinki is planning to sell Tennispalatsi located in Helsinki city centre to Niam. Catella acted as financial advisor to the City of Helsinki in the sales process.

In CREDI Q2 2023, the main index rose from the 2022 rock bottom back to the level seen one year ago.

A quiet first half on the transaction market. The transaction volume for the first half of the year 2023 was low and reached EUR 1.4 billion, which is the weakest H1 volume since 2013. During the first half of 2023, the most popular property type was residential portfolios, and industrial and logistics properties came second.

The portfolio comprises retail properties in Porvoo and Oulu. The financing for the portfolio was raised through newly established financing structure, that the fund is planning to use in future acquisitions.

Schroder Real Estate KVG sold Voimatalo, a landmark office property, in Kamppi, Helsinki. The buyer is Genesta. Catella acted as the seller’s exclusive financial advisor in the sales process.

Kruunuasunnot Oy has agreed to sell over 1200 rental homes to global investment firm KKR.

Catella acted as MEKO’s exclusive financial advisor in the sale and leaseback of six warehouse and light industrial properties located in the Helsinki Metropolitan Area to real estate company AB Sagax.

Robert Karlsson, current Director of Investment Management in Catella Asset Management (CAM) has been appointed as Managing Director of Catella Asset Management Finland. He will start his new position on 2nd May 2023.

Since 2018, Catella has acted as advisor and asset manager for Varma Mutual Pension Insurance Company in the management and sale of a real estate portfolio of over 120,000 sqm. The properties were located in 18 different municipalities across Finland. The properties were mainly sold by individual transactions during the last five years, and the last property was sold in December 2022.

Antilooppi has divested an office property located at the address Takkatie 1 in the Pitäjänmäki submarket in Helsinki to Corum on 28 February 2023.

Catella Property Oy acted as the exclusive financial advisor to Senate-properties and SOK when they sold an office and logistics property located in Kuopio with a total area of more than 15,000 square meters.

From a strong property market to uncertain times Year 2022 was a year of change that marked the end of a longterm strong property investment market. The change is due to the war in Ukraine, which rapidly increased inflation and eventually interest rates to a much higher level than had become the norm. Transaction market was really strong during the first half of the year, but an exceptionally radical turn took place in the summer, and the rest of the year was challenging in terms of property investments.

Catella Finland has been a leading advisor in healthcare and public-use property transactions during 2021-22 in Finland. Catella’s market share was over 50 percent of the transactions accomplished by advisors and total volume of the transactions nearly 700 million euros.