In 2012 Catella Corporate Finance acted as adviser in conjunction with property transactions in Sweden worth approximately SEK29bn.
Calculated based on total market volume of approximately SEK106bn, this means that – just as in 2011 – Catella assisted in transactions involving more than a quarter of the volume in the Swedish transactions market.
During the year, Catella’s business segment Catella Corporate Finance has, through its offices in Stockholm, Gothenburg and Malmö, acted as adviser in a total of 120 property transactions in Sweden. The largest transactions included the acquisition of 50 per cent of Hemsö, the sales of the Kista Galleria shopping centre, Spårvagnshallarna, and the Kaninen project at Triangeln in Malmö.
“In addition to property transactions, Catella has also acted as adviser in connection with a number of financings and capital raising. We are very pleased to be able to report a transaction volume of this magnitude and to consolidate our position as the leading adviser on the Swedish market,” says Thomas Persson, head of Catella Corporate Finance in Sweden.
“In 2013, the market will benefit from increasingly favourable financing conditions, at the same time as the Swedish property companies and property funds are well capitalised. This indicates that activity in 2013 to a larger extent will take place outside the absolute core segment, which dominated in 2012,” says Daniel Anderbring, market analyst at Catella Corporate Finance in Sweden.