Focus Nordic Cities

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.