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Catella European Residential Fund III acquires first energy-positive Elithis Tower in Saint-Étienne, France

Catella European Residential Fund III acquires first energy-positive Elithis Tower in Saint-Étienne, France

The first in a planned EUR2.0 billion investment programme of 100 ‘energy-positive ‘Elithis’ residential towers across Europe, aimed at providing affordable and sustainable homes, has been acquired in Saint-Etienne near Lyon in France, by the Catella European Residential Fund III (CER III).