Catella Real Estate completes first close for Dutch residential
Transcription
Catella Real Estate completes first close for Dutch residential
PRESS RELEASE Munich, 23.04.2015 Catella Real Estate completes first close for Dutch residential property special AIF Catella Real Estate AG has successfully completed the first close for the "Panta Rhei Dutch Residential" fund, which specialises in real estate in the Netherlands. A total of EUR 45 million has been raised from institutional investors. The target volume of EUR 150 million is expected to be reached before the end of the current year. The "Panta Rhei Dutch Residential" fund focuses on the up-and-coming Dutch residential property market. To this end, the open-end property special AIF operates in conjunction with its Dutch partner Panta Rhei, whose founders are professional and innovative asset managers and have already recorded considerable success on the Dutch residential property market. The fund was launched at the beginning of this year. The target volume of EUR 150 million of the "Panta Rhei Dutch Residential" fund is expected to be reached before the end of the year. Although investors can make investments from EUR 5 million upwards, the average commitment size of the investors to date is significantly higher, making the special AIF seem more like a club deal. The total return target is between 6 and 7 per cent p.a., with distributions of between 4 and 4.5 per cent p.a. "Thanks to a well-filled property pipeline, we are currently not only raising capital, but also investigating the potential for further acquisitions. We may therefore call the capital quickly in order to take advantage of opportunities", says Henrik Fillibeck, member of the Managing Board of Catella Real Estate AG. "Driven by demographic developments, deregulation and the tight residential rental market, the housing market in the Netherlands provides a solid foundation for further investments with attractive returns. The Dutch housing market is currently offering excellent investment opportunities." "The Rutte government's liberalisation policy is beginning to bear fruit and the number of investments in residential real estate has been rising continuously. This is therefore an excellent time to invest, in particular given that our in-house analyses show that the positive trend is set to continue", adds Dr. Thomas Beyerle, Head of Catella Research. Contact: Catella Real Estate AG Nadine Kratzer Business Development Alter Hof 5 80331 Munich Tel.: +49 (0)89 189 16 65-44 E-mail: [email protected] Catella is a financial advisor and asset manager with specialist expertise within property, fixed-income and equity. We have a leading position in the property sector and a strong local presence in Europe, with some 500 employees in 12 countries. Catella is listed on Nasdaq OMX First North Premier and is traded under the ticker symbols CAT A and CAT B. The company’s certified advisor is Remium AB. Read more at catella.com. 1/2 PRESS RELEASE Munich, 23.04.2015 Catella Gruppe Der 1987 gegründete bankenunabhängige europäische Finanzkonzern Catella AB ist spezialisiert auf die Bereiche Real Estate Investment Banking, Finanzdienstleistung und Asset Management. Catella hat eine schwedisch geprägte Unternehmenskultur direkter Kommunikation, basierend auf Integrität, hohen ethischen Standards und einer besonderen Art der offenen und klaren Beratung und Zusammenarbeit. Für die Kunden werden so spezifische Lösungen entwickelt, die den größten Erfolg versprechen. Der börsennotierte Konzern mit Sitz in Stockholm ist mit rd. 500 Mitarbeitern in 12 europäischen Ländern aktiv. Catella AB ist unter dem Kürzel CAT A und CAT B an der First North Premier notiert. Mehr zu Catella lesen Sie unter www.catella.se. Catella Real Estate AG Die im Januar 2007 gegründete Catella Real Estate AG konzipiert und verwaltet ImmobilienSondervermögen mit einem Gesamtvolumen von über 2 Milliarden Euro. Die Catella Real Estate AG ist eine Kapitalverwaltungsgesellschaft nach deutschem Investmentrecht. Aufgrund innovativen Fondsgestaltungen mit Sektor- und Regionalfokus konnte sich Catella Real Estate AG als Boutique-Investmentmanager für institutionelle Anleger und vermögende Privatkunden mit hohen Wachstumsraten erfolgreich positionieren. Mehr zur Catella Real Estate AG lesen Sie unter www.catella-realestate.de. Panta Rhei Partners B.V. Panta Rhei Partners B.V. ist eine qualitativ hochwertige niederländische Beratungsgesellschaft. Hinter diesem Unternehmen stehen zwei Partner mit zusammen mehr als 50 Jahren Erfahrung im Bereich Real Estate Investments. Panta Rhei Partners konzentriert sich auf cash-flow generierende ImmobilienInvestments für institutionelle Investoren. Die Gründer haben Wohnimmobilien in Deutschland, den Niederlanden, Skandinavien, Frankreich und den USA in Höhe von über 3 Mrd. EUR erworben. Catella is a financial advisor and asset manager with specialist expertise within property, fixed-income and equity. We have a leading position in the property sector and a strong local presence in Europe, with some 500 employees in 12 countries. Catella is listed on Nasdaq OMX First North Premier and is traded under the ticker symbols CAT A and CAT B. The company’s certified advisor is Remium AB. Read more at catella.com. 2/2