News and Press releases

One Hundred Elithis ‘Energy-Positive’ Resi Towers to Rise over European Skylines from €2 billion Catella Residential IM Investment Pipeline

Berlin-based Catella Residential Investment Management (CRIM) has acquired three residential projects in Germany and the Netherlands for approximately €65 million, taking total investment volume for the Catella European Residential Fund lll to more than €100 million. Each of the properties is situated close to leading business centres in the German cities of Berlin and Munich, and the southern Dutch town of Helmond.

Berlin-based Catella Residential Investment Management’s CER III Fund, which had its first close in July as CRIM’s maiden pan-European residential vehicle open to international investors, has attracted its first commitment from outside Germany with €40 million from France’s Primonial REIM. The fund is targeting at least €1.0 billion in investments across European residential real estate markets, from an initial launch with €50 million in seed capital from a German pension plan, which also made a top-up of €20 million.

Catella Logistic Europe, established 18 months ago in partnership with Thierry Bruneau, delivers its first two logistics buildings. The buildings are located in Troyes-Moussey and Cholet, the two warehouses are leased for 9 years to the logistics provider LOGTEX, specialized in fashion, luxury and e-commerce.

Today we want to inform you about a changing investor profile in the Austrian real estate market. In the past, Austria as an investment location was dominated by national and regional investors and reserved at most for specialists, but this has changed significantly.

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.

All over Europe – the housing markets of metropolises and regional locations are showing impressive growth rates – people continue to move to cities and urban centres, rents and purchase prices are rising, yields are falling. The analysis of the European housing markets can be summed up in this short formula. But in spite of this "perfect storm" from an investors approach, the developments that put those responsible under pressure are also becoming visible. 

Catella Property Investment Management establishes Catella Hospitality Europe (CHE), in partnership with Pierre-Louis Bellanger, Rodolphe Frégé and Maxime des Monstiers, in order to address the fast growing hotel investment market. The company will assist investors in sourcing, structuring and managing tailored hotel investment opportunities.

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.     

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.

A few weeks ago, we once again asked the German multi-asset managers about their attitude and perspective when it comes to real estate. Especially since the signs have changed: Looking back, the real estate year 2019 will go down in history as the era in which value-added investment strategies structurally replaced traditional core-investment-styles. Structurally, because there are no signs of a significant change in the interest rate landscape. In addition, there are changes at the macroeconomic level: it is becoming more and more obvious that classical property selection, applied to selected markets using a top-down approach, is becoming more and more ambitious. In the current transaction market, it is clear that the majority of investments are primarily made on a deal-by-deal basis.

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.

What do you think of when you hear the term "residential real estate investments"? And what else do you think of when you hear the term "Finland"? An exotic combination? It may be that a holiday home in Karelia in the slowly approaching summer spontaneously comes to mind. But investors traditionally see it more rationally. An asset class and a market with clear upwards potential is the current picture they see. The combination unites exactly two aspects that have come on the radar of investors in recent years in search of attractive investments.