Catella: Office object acquired in Stockholm for €30mn
Catella Real Estate AG Kapitalanlagegesellschaft has acquired an office building in the center of Stockholm for its open property fund “Focus Nordic Cities.” The investment volume amounted to approximately €30mn. The seller of the property called “Asken 11” was the Swedish pension fund Alecta. The object has a total area of some 5,000 sqm. Tenzing AB advised the seller, Panab the buyer. Catella Real Estate AG Kapitalanlagegesellschaft is a 100% subsidiary of Catella Property Fund Management AB.