24 January 2025, Finland | Investment Management | News
Catella Asset Management acted as Pontos Group's advisor in a sales project involving four properties. The total lettable area of the properties sold exceeded 23,000 square meters and included logistics and retail properties. The assets were located in various towns across Finland.
Catella had managed the properties since 2023, with responsibilities including maximizing the sale value and improving marketability through development and leasing activities. The properties were sold individually, primarily to domestic private investors and investment companies.
"We are pleased that we were able to complete our assignment successfully and meet the goals we set for it, despite the challenging market conditions. The development and sale of properties in smaller towns required strong commitment and initiative, and we are happy to be part of the development of these areas," says Jermu Kujanpää from Catella Asset Management.
"Collaboration with Catella Asset Management has been smooth, and we are pleased that the remaining four assets in the real estate portfolio have been sold,” states Kati Konsti, Pontos’ Real Estate Investment Manager.
For more information, please contact:
Jermu Kujanpää
Sales Manager
Tiina Holmström
Director, Asset Management
Robert Karlsson
Managing Director, Catella Asset Management