Catella to Invest €200M in Offices and Parking Lots
22 April 2019 – Expansión
The Swedish manager, Catella Asset Management, wants to continue expanding its footprint in Spain, where it has invested €250 million over the last three years.
To this end, the investment firm, which has focused on the housing, student hall and retail sectors until now, is planning to invest €200 million in the purchase of office buildings and parking lots in Spain and Portugal over the next 2 years.
In addition to the major cities of Madrid, Barcelona and Lisbon, the company is also analysing operations in secondary cities such as Valencia, Málaga, Bilbao, Zaragoza and Porto.
Original story: Expansión (by Rebeca Arroyo)
Translation/Summary: Carmel Drake