Finland — The Finnish investment service provider Confido Group and Catella Asset Management established a new investment company: lndlog Properties Oy.

Finland — Tampereen Asunnot Ky makes a divestment of three new residential properties. The properties consist of 186 apartments and three retail premises. Total lettable area is about 6,900 sq.m. The buyer is Elo Mutual Pension Insurance Company.

Finland — Oy Interior Invest has sold a logistics centre in Tuusula in the Helsinki region. The property was acquired by EQ Commercial Properties Fund.

Finland — Cofinimmo has acquired the company that will develop a nursing and care home in Helsinki. The investment budget amounts to approximately 19 million EUR.

Finland — City of Jyväskylä sells three educational properties and three fire station properties. The purchase price is EUR 141 million. The transaction is subject to approval of Jyväskylä City Council. The buyer is EQ Community Properties Fund.

Denmark — Catella has secured strategic non-recourse debt facilities allowing for the refinancing of all of Park Street's short-term debt, the development of the company’s second Copenhagen Student/Youth Living property, Pulse N, and enhancement of the company’s general capital position.

Denmark — Orange IM and Catella Parken Europa Fund acquires underground car park in Odense for EUR 49 million.

Sweden — Fredrik Dackheden, Director, and Jacob Bruzelius, Head of Debt Advisory, becomes Partners at Catella.

Finland — Cobbleyard Real Estate and Revcap have sold a major office property in Sörnäinen, Helsinki. The property was acquired by NREP.

Denmark — Berlin-headquartered Catella Residential Investment Management and Munich-based Catella Real Estate, as the German KVG investment platform, have purchased ‘Hi:Life’, an affordable rental residential complex in Aarhus, Denmark for the Catella Wohnen Europa Fund for €85 million.

Finland — Catella has appointed Jenni Ervasti to its Helsinki Corporate Finance unit to strengthen Catella’s real estate advisory services in Finland.

Finland — Hemsö acquires a university property in central Helsinki for future development into modern training facilities. The property will be leased by the University of Helsinki until 2024. The investment amounts to approximately EUR 17 million and the seller is the University of Helsinki.

Sweden — Catella has, through its subsidiary Infrahubs Fastighet 3 AB, signed a lease agreement with Matsmart Scandinavia AB to build and manage a new automated central warehouse of approx. 24,000 sq.m. in Örebro. The new warehouse will be ready in the spring of 2022.

Finland — Paulo Foundation sells two care properties in the City of Espoo and in the City of Vantaa. The buyers are a group of private investors.

Sweden — Blackstone acquires a 12,300 sqm office property in Södermalm, Stockholm, from Angelo Gordon and Scius.

Finland — Varma sells an office property located in Herttoniemi, Helsinki, to a group of private investors.

Finland — Cromwell has completed the sale of five industrial assets in Finland for EUR 11.6 million on behalf of a capital partner.

Finland — Catella enters into exclusive Leasing Management Agreement for a landmark property in Helsinki CBD.

Finland — Cromwell Property Group makes a divestment of a light industrial portfolio including five properties located in Helsinki, Espoo, Tampere and Oulu.

Sweden — The Board of Catella has appointed Christoffer Abramson as CEO and President of Catella Group. Christoffer will begin his role no later than by the Annual General Meeting, May 25 2021.