The Nordic Property Fund.
The Focus Nordic Cities fund invested in the economic area formed by the Scandinavian countries and all other countries bordering the Baltic Sea. The fund acquired selected real estate and development projects in the respective capitals and medium-sized towns of regional economic importance in line with regional economic development, with the aim of achieving balanced regional diversification. In addition to office buildings, retail properties, logistics buildings and hotels were also purchased in order to compensate for volatilities in the individual market segments.
After Catella Real Estate AG terminated the management of Focus Nordic Cities in December 2015 in accordance with Section 99 (1) of the German Investment Code (KAGB) on 23 December 2018, the investment fund was in liquidation since then. At the end of the notice period on December 23, 2018, 24:00 hours, the investment fund was transferred by law to the custodian CACEIS Bank S.A., Germany Branch, pursuant to Section 100 (1) KAGB.
Since 24 December 2018, CACEIS, as the liquidating custodian pursuant to Section 100 (2) KAGB, has been responsible for settling the investment fund and distributing it to the investors.
For further information, please contact office@catella-investment.com directly.
Fund Facts
Minimum Investment Amount | 500.000 EUR | |
WKN / ISIN | A0MY55 / DE000A0MY559 | |
Clearstream-Compliance | Yes | |
Fund Inception | 03. September 2007 | |
Fiscal Year | 01. September until 31. August |
Historical development
Available Investor Reportings
- Investor Reporting 09/2023
- Investor Reporting 08/2023
- Investor Reporting 07/2023
- Investor Reporting 06/2023
- Investor Reporting 05/2023
- Investor Reporting 04/2023
- Investor Reporting 03/2023
- Investor Reporting 02/2023
- Investor Reporting 01/2023
- Investor Reporting 12/2022
- Investor Reporting 11/2022
- Investor Reporting 10/2022
- Overview: Available Investor Reportings "Focus Nordic Cities" (FNC)
Investor Relations
- Info Memorandum on the occassion of the scheduled distribution in June 2023
- Info Memorandum on the occassion of the scheduled distribution in December 2022
- Info Memorandum on the occassion of the scheduled distribution in June 2022
- Info Memorandum on the occassion of the scheduled distribution in December 2021
- Info memorandum on the occasion of the Investors Committee Meeting on 30th mai 2017
- Info Memorandum on the ocassion of the sale of the property Mäkelänkatu in Helsinki (02/01/2020)
- Info Memorandum on the occassion of scheduled distribution in June 2019
- Info Memorandum on the occassion of the scheduled distribution in December 2019
- Info Memorandum about the scheduled distribution in June 2019
- Info Memorandum - disposition of Riga, Plienciema 35 (Latvia)
- Letter to investors - Continuation of the liquidation of the FNC fund 28.12.2018
- Info Memorandum on the occassion of the scheduled distribution in december 2018
- Info Memorandum - disposition of Kristiansand, "Hotel Norge"
- Info Memorandum on the occasion of the Investors Committee Meeting on 31st July 2018
- Info Memorandum - disposition of Helsinki, Vuorikatu 20
- Info Memorandum about scheduled distribution in June 2018
- Info Memorandum , disposition of Liepaja, Brivibas iela (Latvia), 12th april 2018
- Info memorandum on the occasion of the Investors Committee Meeting on 18th december 2017
- Info memorandum - disposition of Liepaja, Brivibas iela 164 (Latvia)
- Info memorandum - disposition of Oslo, Bogstadveien 1 (Norway)
- Info memorandum - disposition of Pärnu, Kodara 7 (Estonia)
- Information memorandum on the occasion of the planned distribution in June 2020
Distributions
Date of distribution | Distribution per unit | Tax-free portion (for units in private portfolios) |
---|---|---|
20. June 2023 | 0.04 EUR | n/a |
20. December 2022 | 0.05 EUR | n/a |
20. June 2022 | 0.06 EUR | n/a |
20. December 2021 | 0.04 EUR | n/a |
18. June 2021 | 0.20 EUR | n/a |
18. December 2020 | 0.25 EUR | n/a |
19. June 2020 | 0.60 EUR | n/a |
20. December 2019 | 0.05 EUR | n/a |
20. June 2019 | 0.25 EUR | n/a |
20. December 2018 | 0.35 EUR | n/a |
20. June 2018 | 0.90 EUR | n/a |
20. December 2017 | 1.30 EUR | 81,4% |
20. June 2017 | 1,00 EUR | 86.5 % |
20. December 2016 | 0.22 EUR | 43.9% |
28. December 2015 | 0.03 EUR | n/a |
15. December 2014 | 0.10 EUR | n/a |
19. December 2013 | 0.15 EUR | n/a |
3. December 2012 | 0.28 EUR | 22.7% |
1. December 2011 | 0.34 EUR | 24.2% |
1. December 2010 | 0.33 EUR | 33.6% |
1. December 2009 | 0.29 EUR | 19.9% |
1. December 2008 | 0.36 EUR | 28.5% |