Författare: isabella

Catella Wohnen Europa fund acquires energy efficient project development with 67 apartments in Pankow district of Berlin

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Catella Wohnen Europa (CWE), the German public open-ended real estate fund, has acquired 67 affordable apartments, extending over almost 6,000 sqm, in eight energy-efficient wood-hybrid buildings in Pankow, Berlin’s most populous district located in the northeast of the city. The Falkenquartier development properties were purchased from property developer Falkowski Group and are due to be completed by Q4 2024.

Berlin-based Catella Residential Investment Management GmbH (CRIM) and Munich-based KVG platform Catella Real Estate AG acquired the project development for the CWE fund.

Michael Keune, Managing Director CRIM, said:  ”Berlin’s Pankow district is known for its attractive natural environment with the largest inner-city forest in Berlin, and there is strong demand for affordable modern sustainable housing in the area, especially for families, which is not being met by available supply. With this development, we are creating additional housing in a highly sought-after residential location in Berlin, with plenty of greenery in the surrounding area, such as Weißenseer Park with lido, open-air theatre, the nature reserve Am Faulen See, and the green corridor on Hansastrasse. The flats are mostly designed to be family-friendly and appeal to tenants due to their low operating costs and affordable rents.”

The properties are being built on a 6,850 square-metre plot using an innovative ‘zero-waste’ timber hybrid construction method where an exact quantity of raw material is sourced from sustainably managed forests and used up to avoid wastage. The buildings are also aligned with the KfW 40 standard and Sustainable Building Quality Seal, according to the Federal Ministery of the Interior and Community. This high level of energy efficiency level means the development can be financed as it only consumes 40% of the primary energy required by a comparable reference building, according to the domestic German Building Energy Act.

The ground floor flats feature terraces, and the upper floors have balconies and loggias or roof terraces. The underground car park is accessible via lifts and has 67 car parking and 176 bicycle spaces. There are ten charging stations for electric cars, each with a charging capacity of 11 kW.

A sustainable energy mix of partially renewable energy sources with district heating from combined heat and power, heat pumps, and solar photovoltaics is planned for the Falkenquartier. The photovoltaic system takes up about 30 per cent of the overall roof area.

Benjamin Rüther, Head of Fund Management CRIM, added: ” The European energy crisis has brought into focus the way developers build and adapt their assets for energy resilience.  Innovative construction and design processes also drive down operating costs in the long term for investors and tenants. The Falkenquartier development is being built as an efficient and innovative energy concept, using innovative timber module construction method to meet the low operating cost requirements at the core of our long-term investment strategy.”

 

About Catella Residential Investment Management GmbH (CRIM)

Catella launched its first European residential fund in 2007 and its first dedicated European Student Housing Fund in 2013. CRIM is a subsidiary of the Stockholm-based Catella  Group and its residential real estate business comprises portfolio management, acquisitions, sales and asset management. CRIM manages and advises several funds and mandates and has assets under management of more than €7,5 billion across 10 European countries.

 

About the FALKOWSKI GROUP

The FALKOWSKI GROUP develops modern residential properties for private buyers, capital investors and investors at liveable locations in Berlin and Brandenburg. As a project developer, the group oversees all phases of project development from the creation of building rights to handover.

 

For more information, please contact:

Catella Residential Investment Management GmbH

Stine Zöchling

Head of Marketing and PR European Residential

Telephone: +49 (0)30 887 285 29 76

Mobile: +49 (0)151 544 51 005

stine.zoechling[ at ]catella-residential.com

 

The Nomination Committee’s proposal regarding the election of the Board of Directors for the Annual General Meeting in Arise AB

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The Nomination Committee of Arise AB (”Arise”) proposes that Joachim Gahm, Johan Damne, Eva Vitell and Mikael Schoultz are re-elected as board members, that P-G Persson is elected as new board member and that Joachim Gahm is re-elected as Chairman of the Board of Directors at the Annual General Meeting on May 4, 2023.

The Nomination Committee for the Annual General Meeting on May 4, 2023 consists of Johan Claesson (appointed by Johan Claesson with company), Peter Lundkvist (appointed by Tredje AP-fonden), Lars Hagerud (appointed by AltoCumulus Asset Management), Richard Torgerson (appointed by Nordea Funds), and the Chairman of the Board of Directors Joachim Gahm. Johan Claesson is the Chairman of the Nomination Committee.

Before the Annual General Meeting, the Nomination Committee proposes that Joachim Gahm, Johan Damne, Eva Vitell and Mikael Schoultz are re-elected as board members, that P-G Persson is elected as new board member and that Joachim Gahm is re-elected as Chairman of the Board of Directors.

P-G Persson, born 1965, has a Master of Science degree in civil engineering from Chalmers University of Technology. P-G has extensive experience in real estate ownership and development with a focus on urban, real estate and project development and sustainable real estate ownership. P-G is resigning President and CEO of Platzer Fastigheter Holding AB, which under P-G’s leadership has gone from a small unlisted real estate company to a listed company on Large Cap. Previously, P-G has held various management roles in the Skanska Group and in Coor Service Management.

P-G Persson’s other assignments include: board member of Svenska Sportpublikationer AB, board member of Rikshem AB, board member of Barnens Rätt I Samhället (BRIS) and outgoing President and CEO of Platzer Fastigheter Holding AB.

P-G Persson holds no shares in Arise and is considered to be independent both in relation to Arise and its management and in relation to its major shareholders.

Information on the board members proposed for re-election can be found in the annual report and on the company’s website (www.arise.se).

The Nomination Committee’s other proposals for the Annual General Meeting will be published in connection with the notice of the Annual General Meeting.

For further information, please contact

Joachim Gahm, Chairman of the Board of Directors, Arise AB, +46 708 752 755

This information was submitted for publication, through the agency of the contact person set out above, at 16.30 CET on 21 March, 2023.

CA Fastigheter genomför organisationsförändring för att stärka utvecklingen av eget bestånd

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CA Fastigheter genomför en organisationsförändring i syfte att stärka organisationen och för att mer fokuserat driva viktiga frågor inom bland annat hyresgästerbjudande, hållbarhet och digitalisering. 

Anders Gustafsson, som har funnits i bolaget de senaste 15 åren och idag är Regionchef i Jönköping, har utstts till Fastighetsutvecklingschef med övergripande ansvar för utveckling av förvaltningen inom samtliga regioner i Sverige.

Fastighetsbranschen är föränderlig, vilket ställer högre krav på oss som fastighetsägare. Exempelvis genom statliga direktiv, ökade krav från våra kommuner samt finansiärer men även allt högre krav från morgondagens hyresgäster. Konkurrensen om hyresgästerna har dessutom hårdnat med fler aktiva aktörer inom branschen. För att fortsätta vara ett aktivt bolag och en långsiktig hyresvärd tillsätts denna centrala roll som Fastighetsutvecklingschef. Direktrapporterande blir samtliga regionchefer i Sverige.

”I takt med att bolaget vuxit har vi sett ett större behov av att stärka organisationen. Jag är glad att Anders tackat ja till rollen och jag är säker på att han kommer lyckas i att leda detta viktiga arbete”, säger Andreas von Hedenberg, CA Fastigheters VD.

Den nya organisationen börjar gälla från och med den 1 augusti. CA Fastigheter har inlett arbetet med att rekrytera en ny Regionchef till regionkontoret i Jönköping.

För mer information, kontakta:

Andreas von Hedenberg, VD CA Fastigheter
andreas.von.hedenberg@cafastigheter.se, 073-965 58 19

Arise acquires a majority stake in the Finnish company Pohjan Voima

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Arise AB (publ) (“Arise”) has today entered into a strategic partnership with the Finnish onshore wind and solar company Pohjan Voima Oy (“Pohjan Voima”). Arise has agreed to acquire 51% controlling interest in the company and to provide financing to continue developing Pohjan Voima’s project portfolio. In addition, Arise shall also provide advisory services to support the company in preparing for the realisation of the project portfolio. The purchase price for the shares amounts to approx. EUR 12 million at closing with an additional purchase price of up to EUR 18 million payable upon achievement of certain project milestones. The transaction is expected to close in April 2023.

Pohjan Voima has developed a well-diversified portfolio of onshore wind and solar projects across Finland. The current portfolio size is approximately 1.7 GW which includes 1.0 GW of wind projects where land use planning and environmental impact assessment processes are ongoing and 700 MW of wind and solar projects at pre-planning stage. The company is working actively to grow the portfolio and is also actively assessing battery storage opportunities.

“This move marks a very important step in realizing our strategy of diversifying our operations both geographically and technologically. Finland is a very attractive market, and we are eager to develop and realize the numerous high-quality projects together with our new partners at Pohjan Voima. Concluding this transaction has materially increased Arise’s development portfolio, with 600 MW of Pohjan Voima’s portfolio classed as late-stage projects which we are targeting to reach Ready-to-Build status by 2025”, says Arise’s CEO, Per-Erik Eriksson.

“This strategic partnership secures new financing for developing our projects and will enable us to grow our platform. Moreover, we now have access to Arise’s extensive expertise and resources, which will be of critical importance as we get closer to the procurement and realization of the projects. There is a very good fit between our respective teams, and we look forward to learning from each other”, notes Pohjan Voima’s CEO, Tomi Mäkipelto.

Pohjan Voima will continue to be led by the company’s founders Tomi Mäkipelto and Juho Rönni, who will also remain significant shareholders. The Finnish mutual insurance company LocalTapiola invested in Pohjan Voima in 2021 and will also continue as a shareholder.

Arise is already active in the Finnish renewables market through its asset management business and has a 219 MW wind power asset management agreement with BlackRock.

With good wind conditions, flat topography, and a sparse population, Finland is one of the most favourable countries in Europe for new onshore wind power. In the record-breaking year 2022, wind energy capacity increased by 75%, reaching a combined capacity of 5,6 GW.

Halmstad, 14 March 2023

Arise AB (publ)
For further information, please contact:
Per-Erik Eriksson, CEO, Arise, +46 702 409 902

The Board of Directors of Arise AB proposes dividend to the Annual General Meeting

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The Board of Directors of Arise AB is proposing a dividend of SEK 1 per share, corresponding to approximately SEK 44.5 million, and will shortly convene the Annual General Meeting for a resolution on this. The Annual General Meeting will be held on Thursday 4 May 2023. 

“The Board of Directors of Arise has decided to propose a dividend. Through continuous positive earnings from energy sales and project sales as well as good financial strength, the Board proposes a dividend of SEK 1 per share to the upcoming Annual General Meeting. Even after the dividend, we are financially strong and will be able to continue to invest in the business and thus further strengthen our position. The Board of Directors’ ambition is that the company shows long-term profitability that allows annual dividends”, says Chairman of the Board Joachim Gahm.

The record date for participation at the Annual General Meeting on Thursday 4 May 2023 is Tuesday 25 April 2023, and the last day for voting rights registration of shares is Thursday 27 April 2023.

If the Annual General Meeting resolves on a dividend in accordance with the Board’s proposal, the first day of trading without dividend rights will be Friday 5 May 2023. The proposed record date for dividend is Monday 8 May 2023. Assuming that the Meeting approves the Board’s proposal, the dividend is expected to be paid by Euroclear Sweden AB on Thursday 11 May 2023.

Halmstad, 8 March 2023

Arise AB (publ)
For further information, please contact:
Joachim Gahm, Chairman of the Board of Directors, Arise AB, +46 708 752 755