Catella grows in property advisory services
Catella has acted as advisor in property transactions with a value of EUR 8.3 billion (5.3) during the last 12-month period. This means that Catella has participated as advisor in 8 percent (7) of the total European transaction volume, excluding the UK.
“We are proud to be able to present a transaction volume of this magnitude and as a result consolidate our position in Europe,” says Anders Palmgren, Head of Corporate Finance at Catella.
The total transaction market for real estate in Europe, excluding the UK, amounted to EUR 92 billion (73) during the last 12-month period, which represents an increase of 25 percent compared to the previous12-month period.
“The increasing liquidity on all property markets in which Catella operates, with the exclusion of Finland, is explained by increased availability of acquisition financing, wide access to capital and a greater risk appetite,” says Anders Palmgren.
Catella’s UK partner, Strutt & Parker, advised in property sales with a value of EUR 3.2 billion (2.4) during the last 12-month period. This means that Catella and Strutt & Parker have together acted as advisors in 8 percent (7) of the total European transaction volume, including the UK.
“The alliance between Catella and Strutt & Parker has strengthened our position as an advisor in Europe. During the year we have conducted a number of the largest real estate transactions in the market,” says Anders Palmgren.
Catella conducts property advisory services in three segments: Sales and Acquisitions; Debt and Equity; and Valuation and Research. The operations are established in 11 European countries and have some 200 employees.
For more information, please contact:
Anders Palmgren
Head of Corporate Finance
+46 8 463 33 10
anders.palmgren@catella.se
Press contact:
Ann Charlotte Svensson
Head of Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se
About Catella: Catella is an independent financial advisor and asset manager. We have operations in 12 European countries and some 450 employees. Catella has a strong offering in financial services through our business breadth, geographical coverage and leading position in the property sector. Catella is listed on Nasdaq OMX First North Premier, trading under the stock symbols CAT A and CAT B. The company’s certified advisor is Remium AB. Read more at www.catella.com.
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