Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

    Print Print 

Catella sells and reinvests for its sustainable property fund

Catella Real Estate has taken advantage of the current favourable market conditions in the Netherlands by selling an office building in Amsterdam and reinvesting in a modern residential and retail property in Utrecht's city centre for the Sarasin Sustainable Properties – European Cities fund. The office building at Middenlaan 14-16 in Amsterdam has 5,490 square metres of office space and 1,090 square metres of storage space. Due to the dated quality of the space in the building, constructed in 1972, Catella took the decision to sell the property above market value.“The Dutch real estate market is on course for recovery. Its good performance is also reflected in the favourable market conditions, which have benefited this sale,” says He...[…]