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BNP Paribas REIM and a number of German Institutional Investors, mainly pension funds, have committed €200 million to the latest closing of the Catella European Residential III Fund, one of Europe’s largest cross-border residential investment vehicles, taking its total capital raised to more than EUR 1.2 billion. ....
Berlin-based Catella Residential Investment Management GmbH (CRIM) and Munich-headquartered AIFM platform Catella Real Estate AG (CREAG) have sold a German-Dutch residential real estate portfolio to ZBI Group. The portfolio was sold on behalf of the Catella European Residential and Catella Wohnen Europa funds. ....