News and Press Releases

Leading firms in the real estate sector have yet again voted Catella’s market research as the best in Finland.

A record-high volume was achieved during the first half of 2022: EUR 4.4 billion. This is the highest volume achieved during the first half-year since the beginning of measuring in 2005. The most attractive segments were residential portfolios and healthcare and public sector which together formed more than half of the first half-year volume.

The property investment company CTV Properties AB has sold its last asset from the logistic and light industrial portfolio of 29 assets it acquired in November 2016. Catella sourced and structured the original transaction, arranged financing, and has managed the company and its investments. CTV successfully created value for its 93 investors, anchored by Sampo Group, with net IRR of 16 % and Equity Multiple of about 1,6 once the proceeds from the last sale have been delivered to the investors.

Catella acted as an exclusive financial advisor for a private investor in the sale of a healthcare centre property in Tampere.

A fund managed by NREP has divested an office property in Pitäjänmäki, Helsinki to Evli Rental Yield Fund (AIF) managed by Evli Fund Management Company Ltd on 23 June 2022.

Catella acted as the City of Seinäjoki’s exclusive financial advisor in the divestment of a public-use property to eQ Community Properties Fund.

Catella acted as the City of Oulu’s exclusive financial advisor in the divestment of six public-use healthcare properties to eQ Community Properties Fund. The purchase price is EUR 165.6 million.

Catella acted as SATO’s exclusive financial advisor in the divestment of a major portfolio of 2,009 apartments to Swedish real estate investor Heimstaden.

S-Pankki’s Terrieri Ky Fund sold a modern office property in the Leppävaara area in Espoo. The property is the headquarters of Eltel Networks Oy. The buyer is Assai Commercial Oy. Catella acted as Terrieri Ky’s exclusive financial advisor in the sales process.

Catella acted as Pohjola Insurance Ltd’s exclusive financial advisor in the divestment of a major portfolio of four hospital properties to an international investor.

The pandemic's impact on the property market remained low. Covid-19 continued to affect the property market last year. In the beginning of the year, the restrictions caused by the second wave of the pandemic kept the transaction volume low, but improved situation in the summer and brisk economic growth throughout the year eventually increased the volume to a level clearly above the year before. Despite the pandemic continuing, properties have maintained their position as a very attractive investment alternative, as interest rates have kept on a very low level and the impact on the rental market, too, eventually remained surprisingly low.