Catella European Residential

The "Catella European Residential" (CER) (formerly: Bouwfonds European Residential) was a product of Bouwfonds Group under the overall responsibility of Catella Real Estate AG. Catella Real Estate AG and Bouwfonds Fund Management B.V., Hoevelaken/ Netherlands has agreed to terminate the outsourcing of the fund management (portfolio and asset management) as of 30 April 2018. Catella is now not only responsible for the fund administration but also for the fund management. Therefore the name of Bouwfonds European Residential has changed into Catella European Residential.

Catella European Residential is an open-ended public real estate fund under German investment law (Kapitalanlagegesetzbuch) aimed predominantly at institutional investors. It aims in particular at insurance companies, pension funds, pension schemes, foundations, funds of funds and high net worth individuals.

The fund aims to generate stable returns in the long term while minimising risk through the high diversification potential of the residential property markets, which are locally strongly uncorrelated. The investment focus is on apartment blocks, middle-market terraced and semi-detached houses in city centres, near-city locations and European metropolitan regions.  Senior citizens’ apartments and student accommodation are also considered. Property acquisitions will include existing real estate, development projects and refurbishment projects.

The investments target growth regions in Germany, France, BeNeLux nations and Scandinavia (90% of the portfolio). In a later phase, the fund will also consider investments in other states in the European Economic Area and Switzerland.