News and Press Releases

Berlin-based Catella Residential Investment Management has appointed Marwin Weber as Fund Manager of its €1.25 billion capital commitment Catella European Residential Fund III (CER III), which is one of the largest pan-European residential investment vehicles.

The Catella Elithis Energy Positive Fund (CEEPF), the world’s first real estate investment vehicle to focus exclusively on residential developments which produce more energy from renewable sources in operation than is consumed by the buildings and tenants, has acquired a 76-apartment tower project in Le Havre, northern France for €19 mln. CEEPF is managed by Berlin-based Catella Residential Investment Management (CRIM).

22 May 2023 - In the major European cities, a very high demand for residential space continues to be observed even in the general market turnaround phase. This demand effect, caused by continuing urbanisation processes, in combination with a limited supply of living space, means that residential rents continue to show upward trends.

Catella European Residential (CER), the German public open-ended real estate fund, has acquired a 14,000 sqm waterfront development of 137 senior living apartments distributed across four buildings on Lake Zwenkau on the southern edge of Leipzig for approximately €50 million.

The turnkey contract was secured in May 2021 by Catella AM Iberia on behalf of the Sarasin Sustainable Properties - European Cities Fund, fund managed by Catella Real Estate AG. The building, already operational, is located in Ensanche de Vallecas (Madrid) and is managed by Catella AM Iberia, which has a portfolio in Spain of more than 2,300 properties in Madrid, Barcelona, Valencia, Seville, Pamplona and Vitoria.

28th April 2023 - Spain as an investment location - new Research Residential Report

Catella Wohnen Europa (CWE), the German public open-ended real estate fund, has acquired a development of 90 affordable and fully-serviced apartments for around €10,5 million in Bochum, in the most populous federal state of North Rhine-Westphalia. The residential project is targeted primarily at young professionals, offering tenants flexible short- and long-stay options. It is operated under the STAYERY brand.

The German commercial real estate markets are in a turbulent environment. The ECB's interest rate turnaround in July 2022 ended the low-interest phase in the eurozone. Last year, the key interest rate was raised by 250 basis points in four steps, with a further 100 basis points added so far this year. Due to continued high inflation rates, at least one further interest rate hike by the ECB by the middle of the year is a realistic scenario. The significant rise in interest rates and the ongoing macroeconomic tensions and uncertainties are leading to restraint on the side of numerous players on the German real estate market. A significant reduction in dynamics on the transaction market by probably the end of Q3 2023 is therefore very likely.

Catella Wohnen Europa (CWE), the German public open-ended real estate fund, has acquired 67 affordable apartments, extending over almost 6,000 sqm, in eight energy-efficient wood-hybrid buildings in Pankow, Berlin’s most populous district located in the northeast of the city. The Falkenquartier development properties were purchased from property developer Falkowski Group and are due to be completed by Q4 2024.

Berlin-based Catella Residential Investment Management (CRIM) has appointed Alexandra Chevalier as Acquisition Manager of the Catella Elithis Energy- Positive Fund. The recently launched residential impact fund plans to invest €500 million in Elithis energy-positive residential buildings.

French trade credit insurer COFACE has committed to the Catella European Residential III Fund, one of Europe’s largest cross-border residential investment vehicles with a strong focus on affordable housing and CO2 reduction.

Munich / Stockholm, 22 February 2023: Catella Real Estate AG (CREAG), Munich, is pleased to announce the sale of an office building in Stockholm’s central business district on behalf of the fund “Sarasin Sustainable Properties – European Cities”. The buyer of the property is DEAS Asset Management on behalf of Nordea Life & Pensions Sweden.

Munich, 15 february 2023

The Catella Elithis Energy Positive Fund (CEEPF) is the world’s first real estate investment vehicle to focus exclusively on residential developments which produce more energy from renewable sources than used by the buildings and tenants. The fund has acquired a 64 apartment project in Mulhouse, north-eastern France, to be developed by its partner Elithis Groupe, the French sustainable engineering company.

Norway’s municipal and public health sector occupational pension company KLP, the country’s largest, and a group of Institutional investors, have committed close to €100 million to the first closing of the Catella Elithis Energy Positive Fund (CEEPF).

Munich, February 03, 2023 - Catella Real Estate AG (CREAG) and Orange Investment Managers are acquiring the parking garage "Weg beim Jäger" at Hamburg Airport with 1,178 parking spaces for the open-ended real estate special AIF "Catella Parken Europa“. The long-term tenant of the parking facility, which was built in 2012, is Q-Park, one of the largest private providers of parking spaces in Europe. The seller is Parken & Immobilien Invest GmbH Hamburg.

  ...will soon be published...

   Munich, 25th January 2023