Berlin-based Catella Residential Investment Management (CRIM) and Catella Real Estate AG (CREAG) have acquired two residential real estate developments in Berlin and Madrid via their AIFM platform for a total of €75 million. These two transactions increase the total investment volume of their Catella Wohnen Europa (CWE) Fund to over €975 million.
Catella European Residential Invests in Vienna, Vitoria and Hamburg, as Flagship Fund Hits €1.5 Billion
Berlin-based Catella Residential Investment Management (CRIM) and Catella Real Estate AG (CREAG) via its AIFM platform, have acquired three innovative residential projects in Vienna and Vitoria, northern Spain, and Hamburg for approximately €147 million. Together, the three transactions boost the total investment volume of their flagship Catella European Residential (CER) Fund to around €1.5 billion.
- Property Investment Management
Catella Asset Management Iberia has advised on the purchase of two buildings for the residential rental market for 25 million euros on behalf of the Fund "Catella European Residential" (CER), managed by Catella Residential Investment Management (CRIM).
Dear friends, The situation created by the COVID-19 coronavirus pandemic has forced us to take concrete measures in relation to the work of our employees and their relationship with our customers and suppliers. At Catella, the health of our employees, customers, and suppliers is our top priority. Therefore, we want to collaborate to prevent the safety of everyone without disrupting the continuity of our work and the service commitment we have to our clients. We have implemented an internal protocol of action that facilitates the flexibility of our different teams (all our employees are developing their work through teleworking) and reduces face-to-face meetings to the essential minimum. These meetings will be replaced by telematic meetings whenever possible. These measures have as a fundamental objective: the prevention of possible infections while maintaining the quality of our services without interruptions. We are attentive to the guidelines of the WHO and the Spanish health authorities, collaborating, to the extent of our possibilities, in preventing the spread of this pandemic. Please do not hesitate to contact your usual contact person at Catella who continues to operative or if you prefer call +34 91 411 74 96 or write to email@example.com With the desire that together, as always, we overcome this crisis, receive a cordial greeting, Borja Márquez Managing Director-Partner Carlos López Partner