News and Press Releases

Berlin-based Catella Residential Investment Management (CRIM) has launched its Catella European Student Housing Fund II (CESHF II), with approximately €100 million in capital commitments from institutional investors at a first close. The fund is expected to invest up to €250 million across European markets in the next two years. Its first acquisition is an apartment building  in the German city of Mannheim for about €38 million. CESHF II’s second close is planned for the first quarter of 2020.

CORESTATE Capital Holding S.A. (CORESTATE), a leading independent real estate investment manager in Europe, has acquired a student housing and micro apartment complex in Cologne-Deutz for the special BVK-Residential Europe real estate fund of Bayerische Versorgungskammer (BVK). BVK is one of the largest institutional investors in Germany. The core property under development has a total investment volume of approx. EUR 60 million. The sales process on the seller side was structured and controlled by Catella Property.

Catella European Residential I (CER I), launched in 2007 as the first institutional property fund to invest specifically in residential assets across European markets, has raised €90 million in just one day from existing investors. Berlin-based investment advisor Catella Residential Investment Management (CRIM) will place the capital in new segments of the rapidly growing real estate ‘Living Sector’ in France and Spain and extend the fund’s geographical reach to additional markets like Austria.     

Catella Residential Investment Management (CRIM) the largest pan-European platform investing in the real estate Living Sector, has acquired a development of 100 apartments and a supermarket in Braunschweig in Lower Saxony, as well as a senior living property in the eastern German city of Dresden, for a total of about €30 million.

The Munich-based capital management company Catella Real Estate AG has completed the first sale from the special fund "Catella MAX" with the sale of the mixed-use property "Pasinger Triangel" in the Munich district of Pasing. The buyer is German life insurance company the LV 1871 (Lebensversicherung von 1871 a. G. München). Catella Property GmbH acted as intermediary. The parties have agreed not to disclose the purchase price.

Catella Wohnen Europa, the pan-European residential fund advised by Catella Residential Investment Management (CRIM), has entered its 10th market in Europe with the acquisition of a portfolio of over 300 apartments across Finland for nearly €80 million. Catella Asset Management Oy acted as a local partner for the buyer.  

The Catella European Residential Fund III, launched in March 2019, has completed a first close and secured a maiden investment in Copenhagen, passing initial milestones towards a target €1.0 billion total investment volume. The Fund, managed by Berlin-based Catella Residential Investment Management (CRIM), is the first Luxembourg-based pan-European vehicle allowing international investors access to a geographically diversified portfolio of assets in the residential sector. The two earlier CRIM funds were structured for German institutional investors.

Frankfurt, 27.06.2019 – The former office district of Niederrad becomes a hot spot for working and living with short distances in the middle of the city. The Living Lyon project was completed on schedule by Catella yesterday. The tenants of the 2- to 3-room apartments can move in on 1 July as promised. The project is almost fully let before completion; only a handful of apartments are still available.

Berlin-based Catella Residential Investment Management GmbH (CRIM), the Swedish Catella Group’s investment manager focused exclusively on the residential asset class, has acquired a total of almost 300 apartments in three transactions for an individual mandate for a southern German pension fund. The properties are located in Aarhus in Denmark, in Tilburg in the Netherlands and in the HafenCity district of Hamburg in Germany. The total purchase volume comes to approximately EUR 117 million. Institutional Investment Partners (2IP) is acting as the financial investment management company (KVG), while CRIM is responsible for managing the portfolio.

The Catella Mordernes Wohnen (CMW) fund, advised by Catella Residential Investment Management (CRIM), has acquired a property on the Côte d’Azur in Nice for EUR 11.5 million. The CMW fund focuses on modern forms of living in European growth regions. Catella Real Estate AG (CREAG) acts as KVG.

The project developers of QUEST Investment Partners have acquired Emmler Lofts in Berlin’s Kreuzberg district. The property was sold by FORTIS Real Estate Investment GmbH, whose exclusive consultant was Catella Property GmbH. It has been agreed not to disclose the purchase price. The office and retail property with a rental area of around 5,000 sqm is located at 25-26 Kottbusser Damm.

POLIS Immobilien AG has acquired an office and service centre of around 33,000 sqm in the city centre of Gera. The acquisition was part of an asset deal. The seller is TLG IMMOBILIEN AG, Catella Property brokered the sale.