Catella European Residential III Fund (CER III) has acquired a residential development project in Zoetermeer, near The Hague for €55 million through a forward-funding transaction.
The Catella Wohnen Europa Fund (CWE) has acquired a €22 million residential complex in the historic city centre of Zwolle in the eastern Netherlands from Dutch investor Hermans OG B.V. The property comprises 67 apartments targeting the mid-market rental sector, five commercial spaces totalling 1,500 sqm and 40 parking spaces.