Catella European Residential and Catella Wohnen Europa sell German-Dutch real estate portfolio

The portfolio comprises 26 properties in Germany and eight in the Netherland offering some 4,000 apartments with a total rental area of around 256,000 m².

Michael Keune, Managing Director at CRIM, commented: “We are pleased to have successfully completed this disposal with the ZBI Group which is in line with the CER and CWE funds’ strategy to streamline their respective portfolios." 

CBRE GmbH advised on the transaction while REIUS Rechtsanwälte Partnerschaft mbB provided legal consulting.

About Catella Residential Investment Management GmbH (CRIM)

 Catella launched its first European residential fund in 2007 and its first dedicated European Student Housing Fund in 2013. CRIM is a subsidiary of the Stockholm-based Catella AB Group, and its residential real estate business comprises portfolio management, acquisitions, sales and asset management. CRIM manages and advises several funds and mandates and has assets under management of more than €7 billion across 11 European countries.

For more information:

Catella Residential Investment Management GmbH

Stine Zöchling

Head of Marketing and PR European Residential

Office: +49 (0)30 887 285 29 76

Mobile: +49 (0)151 544 51 005

stine.zoechling[ at ]catella-residential.com

Disclaimer: This is a marketing release. It is for information purposes only and does not constitute investment advice, an investment recommendation, an offer or an invitation to buy or sell investment products. The information is not suitable for making a concrete investment decision on its basis. It does not contain any legal or tax advice. The provision of the information does not create any contractual obligation or any other liability towards the recipient or third parties. Shares may only be purchased on the basis of the currently valid Terms and Conditions of Investment in conjunction with the currently valid Sales Prospectus. The current version of the Sales Prospectus (including the Terms and Conditions of Investment and a description of the main risks) as well as the Key Investor Information Document and the last published (semi-)annual report are available in paper form from Catella Real Estate AG, Alter Hof 5, 80331 Munich, Germany, or can be downloaded from www.catella.com