Catella advisor in the sale of SAAB property
About three weeks ago, Catella was commissioned by SAAB to identify and bring together investors and capital, and to negotiate sales and rental agreements, pertaining to the SAAB property. All of this was to be completed in a very short period. The transaction was finalised today.
“In a very short time and over a very intensive period of negotiations, we have capitalised on our longstanding and extensive M&A experience of the property transaction industry in order to identify and bring together potential investors. For Catella, the priorities have been to drive the process forward and to focus on possible new solutions,” says Lennart Schuss, Working Chairman of the Board of Catella’s Nordic corporate finance companies.
The underlying property value is SEK 600 million (EUR 65.6 million). SAAB has signed a 15-year lease.
Catella is market leader in Sweden in respect of advisory services in property transactions and in property-related services in the debt and equity capital markets. During the first quarter of 2011, Catella Corporate Finance implemented 22 property transactions in Sweden at a total value of slightly more than SEK 6.7 billion (EUR 0.73 billion). Catella offers all of the competencies required to implement complex transactions and has about 50 employees at offices in Stockholm, Gothenburg and Malmö.
For more information, please contact:
Lennart Schuss
Working Chairman of the Board, Catella’s Nordic corporate finance companies
+46 8 463 33 10
Press contact:
Anne Rådestad
Head of Communications, Catella
+46 8 463 34 29, +46 73 654 74 50
About Catella: Catella is a European finance group active in Corporate Finance and Asset Management. In these operating segments, Catella focuses on selected segments in which advanced specialist expertise and local presence, combined with international reach, are key in creating added value for clients. Catella has approximately 420 employees working at offices in 24 cities in 13 European countries. Catella share is listed on First North Premier and traded under the abbreviations CAT A and CAT B. Remium AB is Catella’s Certified Adviser, 46 8 454 32 00. Read more about Catella at www.catella.se.
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