Catella advises in transactions involving more than a quarter of the Swedish market
In 2012, Catella Corporate Finance acted as adviser in conjunction with property transactions in Sweden worth approximately SEK 29 billion (27). Calculated based on total market volume of approximately SEK 106 billion (99), this means that – just as in 2011 – Catella assisted in transactions involving more than a quarter of the volume in the Swedish transactions market.
During the year, Catella’s business segment Catella Corporate Finance has, through its offices in Stockholm, Gothenburg and Malmö, acted as adviser in a total of 120 property transactions in Sweden. The largest transactions included the acquisition of 50 per cent of Hemsö, the sales of the Kista Galleria shopping centre, Spårvagnshallarna, and the Kaninen project at Triangeln in Malmö.
“In addition to property transactions, Catella has also acted as adviser in connection with a number of financings and capital raising. We are very pleased to be able to report a transaction volume of this magnitude and to consolidate our position as the leading adviser on the Swedish market”, says Thomas Persson, head of Catella Corporate Finance in Sweden.
“In 2013, the market will benefit from increasingly favourable financing conditions, at the same time as the Swedish property companies and property funds are well capitalised. This indicates that activity in 2013 to a larger extent will take place outside the absolute core segment, which dominated in 2012”, says Daniel Anderbring, market analyst at Catella Corporate Finance in Sweden.
Catella provides property advisory services in 11 European countries and is the market leader in Sweden for property transactions and property-related services within debt and equity capital markets. Catella Corporate Finance Sweden has some 40 employees and offices in Stockholm, Gothenburg and Malmö. The operations are part of the Catella Group.
For more information, please contact:
Thomas Persson
MD, Catella Corporate Finance Sweden
+46 8 463 33 10
Press contact:
Ann Charlotte Svensson
Head of Communications, Catella AB
+46 8 463 32 55, +46 72 510 11 61
About Catella: Catella offers specialised financial services and products within selected market segments. Catella has 440 employees in 12 European countries within two operating segments; Corporate Finance and Asset Management. Catella is listed on Nasdaq OMX, First North Premier and the share is traded under the abbreviations CAT A and CAT B. Remium AB is Catella’s Certified Adviser. Read more about Catella at www.catella.com.
Tags: