Catella boosts transaction advisory services

Catella acted as advisor in property transactions with a total value of €8.3 bn during the last 12-month period.

The Stockholm-headquartered property adviser said that this translated to 8% of the total European transaction volume, excluding the UK.

'We are proud to be able to present a transaction volume of this magnitude and as a result consolidate our position in Europe,' said Anders Palmgren, head of corporate finance at Catella.

The total transaction market for real estate in Europe, excluding the UK, amounted to €92 bn during the last 12-month period, which represents an increase of 25% compared to the previous 12-month period, he said.

'The increasing liquidity on all property markets in which Catella operates, with the exclusion of Finland, is explained by increased availability of acquisition financing, wide access to capital and a greater risk appetite,' Palmgren added.

Catella's UK partner, Strutt & Parker, advised in property sales with a value of €3.2 bn during the last 12-month period. This means that Catella and Strutt & Parker have together acted as advisors in 8% of the total European transaction volume, including the UK, Catella said.