Catella to launch property asset management activities in France
European financial group Catella will establish property asset management activities in France from spring 2014 under the leadership of François Brisset, the former managing director and co-founder of DTZ Asset Management.
“In order to build on Catella’s strong position in property advisory services in the French market, we are now establishing property asset management activities. France is one of Catella’s most important markets. The fact that the establishment will be achieved together with one of France’s foremost and best qualified teams in the field, under the management of François Brisset, makes it even more exciting,” says Johan Ericsson, president and chief executive at Catella.
Brisset has also held various senior positions at Goldman Sachs/Archon, E&Y and Credit Foncier.
The new entity will focus on investment management, asset management and property management on behalf of French and foreign investors.
“To meet a growing demand from investors for secure and tailor-made investments, it is our intention to structure, host and manage investment vehicles on behalf of third-party investors. We will be active within commercial real estate and residential,” says Brisset.
Catella’s property asset management mainly consists of regulated property funds managed from Munich.
The asset management platform will be independent of Catella’s property advisory services in France, with a separate office in Paris.
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