Catella Asset Management advised German institution on acquisition of residential property for EUR 45.5 million
The residential team of investment manager Catella Real Estate has advised a southern German institution on an acquisition of a property portfolio with 133 residential units in Copenhagen, Cologne and Ulm. The property consists of more than 10,500 square metres of rental space and the purchase price was EUR 45.5 million.The purchases were made for a special fund of the German institution. The fund is managed by German capital management company Institutional Investment Partner. Catella performs the portfolio management in the residential segment of the fund. “With our Catella network, we