Catella Strenghtens its Corporate Finance Team

Sweden Sweden — Jacob Bruzelius has been appointed Head of Debt Advisory and Restructuring at Catella's Corporate Finance in Stockholm. He joins Catella from Rikshem. Previously he has held positions at Aareal Bank and The Royal Bank of Scotland.

Varma Divests a Reception Centre Property in Helsinki

Finland Finland — Mutual Pension Insurance Company Varma has sold a reception centre property in Helsinki to an unnamed buyer.

Site Fund Acquires Property from Private Owner in Espoo

Finland Finland — A private owner has divested the office property in the address Laturinkuja 6 in the Vallikallio area in Espoo.

Private Investor Acquires Office Property in Tampere

Finland Finland — Catella acted as private investor’s financial advisor in the purchase of an office property in the Tampere city centre. The seller of the property was another private investor.

Balder Makes New Finnish Investment

Finland Finland — Balder acquires seven properties in Finland.

Matkahuolto Divests Portfolio

Finland Finland — Matkahuolto divests of a property portfolio consisting 13 assets in several locations across Finland. Most of the assets are commercial premises in travel centres and bus stations. The buyer is a group of private investors.

Evli Acquires Healthcare Property

Finland Finland — Evli acquires healthcare property from Fincap.

Why the Office Vacancy Rates Are on High Levels in Helsinki

Finland Finland — Antti Louko, Managing Director at Catella Finland: ”It is unlikely that the situation will improve significantly in the short run.”

Finnish Retailer Kesko Sells Retail Property in Oulu

Finland Finland — Kruunuvuoren Satama, which is a subsidiary of Kesko Group, has divested a retail property located in Karjasilta in Oulu. The anchor tenants of the property include Budget Sport and Intersport.

Lumo Kodit Buys 143 Apartments in Helsinki and Vantaa

Finland Finland — Lumo Kodit Oy and Valio Pension Fund with Valio Mutual Pension Insurance Fund have agreed on the acquisition of 143 apartments.

Nordika Acquires Centrally Located Office Asset in Helsinki

Finland Finland — The property is well-known as the former headquarter of Amer Sports and comprises circa 10,000 sqm of lettable area. The seller is a German fund in liquidation.

Agat and By & Havn Sells to Jeudan

Denmark Denmark — Agat Ejendomme and By & Havn divests an underground parking facility at Amerika Plads in Copenhagen for DKK 335 million to Jeudan.

Fennica Acquires Retail Property

Finland Finland — Fennica Properties, managed by Fennia Group, acquires a retail property located in Suomenoja, Espoo, from Julius Tallberg-Kiinteistöt.

Knut Pedersen Leaves as CEO of Catella

Sweden Sweden — Catella's President and CEO Knut Pedersen has informed the Board that he wishes to leave his role as CEO. He will continue in his current role during the notice period of a maximum of 6 months and will leave the position as CEO at the latest in conjunction with the Annual General Meeting.

The Main Challenges for Investors on the Office Market

Sweden Sweden — Arvid Lindqvist, Head of Research at Catella in Sweden, on the trends on the investment market and whether international interest in office properties in Sweden will increase.

The Lowest Housing Rental Yields in 40 Years: “Rents Will Continue to Rise”

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, on the yields in the Nordic cities, which Nordic capital that has experienced the strongest percentage rental growth since 2015 and why the European yields will continue to fall.

Varma Sells Syke Shopping Centre

Finland Finland — Varma Mutual Pension Insurance Company sells the Syke Shopping Centre in Lahti to Osuuskauppa Hämeenmaa cooperative.

AEW Acquires Two Residential Properties in Helsinki and Espoo

Finland Finland — AEW has acquired two residential properties in the Helsinki Metropolitan Area on behalf of a German pension fund. The properties comprise a total of 87 rental apartments and 5,018 square meters of leasable space.

NREP Makes Investment in Senior Housing

Denmark Denmark — NREP has become the new co-owner and capital partner to Tetris A/S. NREP will amongst others help expand the VoksenPlus concept across the Denmark by funding an ambitious 5-year pipeline of 15 locations, totalling 80,000 sq.m and 1,000 rental units.

Union Investment Acquires Office Property in Central Helsinki

Finland Finland — Union Investment acquires a multi-tenant property with 12 tenants comprising 5,700 sqm of rental space for UniInstitutional European Real Estate fund.

Catella RIM Acquires in Aarhus

Denmark Denmark — Catella Residential Investment Management GmbH (CRIM), the pan-European investor in residential properties, has acquired around 300 apartments for about EUR 117 million, divided between three deals in Aarhus in Denmark, Tilburg in The Netherlands and Hamburg in Germany, under a single investment mandate for a southern German pension fund.

Why Catella RIM Aims for Denmark

Denmark Denmark — Michael Keune, Managing Director at Catella Residential Investment Management, on what attracted them about Aarhus and why they chooses Denmark over other Nordic markets.

Why the Nordic Investment Boom Continues

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investment trends in the Nordics and explains why there is a shifting from the commercial to the residential sector and what can become an obstacle for investors in the future.

New Hotel Trend: Why Investors Targets Suburban Locations

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investor trends on the hotel market, why Helsinki is booming among tourists and why the suburban areas are getting more attractive.

New Major Fund Aim for the Nordics but Pass on Sweden – Here Is Why

Nordic — The company behind the new housing fund tells Nordic Property News about the investment plan: "There are more attractive alternatives."