Nasdaq Stockholm’s Listing Committee has approved that Catella’s shares are admitted to trading on Nasdaq Stockholm’s main market, with the first day of trading on 19 December 2016. There will be no new issue of shares, and shareholders of Catella do not need to take any action in connection with the listing on Nasdaq Stockholm.
Catella AB (publ) (“Catella”) has previously announced its intention to change its listing to Nasdaq Stockholm’s main market in the fourth quarter in 2016.
Nasdaq Stockholm’s Listing Committee has on 5 December 2016 approved that Catella’s shares of series A and B are admitted to trading on Nasdaq Stockholm’s main market. The approval is subject to customary conditions, including approval by the Swedish Financial Supervisory Authority of a prospectus prepared by Catella.
The last day of trading for Catella’s shares on Nasdaq First North Premier is 16 December 2016, and the first day of trading on Nasdaq Stockholm’s main market is 19 December 2016. The shares will be traded in the Mid Cap segment. The ticker for Catella’s shares of series A and B, CAT A and CAT B, will remain unchanged. The ISIN codes for Catella’s shares of series A and B, SE0000188500 and SE0000188518, will also remain unchanged.
There will be no issue of new shares, and shareholders of Catella do not need to take any action in connection with the listing on Nasdaq Stockholm.
Catella will, ahead of the listing on Nasdaq Stockholm, publish a prospectus on its website, catella.com, which is expected to take place around 9 December 2016.
The information was submitted for publication, through the agency of the contact person set out below, on 7 December 2016 at 14.20 CET.
For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Press contact:
Ann Charlotte Svensson
Head of Group Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se
About Catella: Catella is a leading specialist in property investments, fund management and banking, with operations in 12 countries across Europe. Catella is listed on First North Premier on Nasdaq Stockholm. Read more at catella.com.
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Kategori: Catella
Catella advisor to Eurocommercial
01 November 2016
Catella acted as advisor to Eurocommercial in the acqusition of a retail development property in Kristianstad.
Extract from Eurocommercial’s press release:
EUROCOMMERCIAL ACQUIRES SHOPPING CENTRE UNDERCONSTRUCTION IN KRISTIANSTAD
ANNOUNCEMENT OF SCRIP ISSUE PRICE
Eurocommercial has acquired a site in Kristianstad in the southern Skåne region of Sweden, upon which a majorshopping centre – C4 Shopping – and external hypermarket are being constructed, with completion expected bythe end of 2018.
Kristianstad is approximately one hour’s drive north-east of Malmö and is the regional capital of a catchment of 300,000 people which does not currently have an out-of-town shopping centre. The newly acquired retail zone ison the E22 motorway and will include a 31,600m2 shopping centre housing approximately 90 shops and restaurants. A 6,500m2 hypermarket is being built opposite the shopping centre, with a further 2,500m2 of complementary retail units alongside it. The Company has also conditionally committed to acquire a 20,500m2 retail park on the site. The necessary planning consents have been received for all units.
The net acquisition yield for the shopping centre and the hypermarket is 6% and will generate a total purchasecost of around SEK 1.325 billion (c. €134 million), depending on the level of net rental income achieved. The net acquisition yield for the retail park will be 6.5%, if acquired, which will generate an additional cost of around SEK350 million (c. €35 million). Ground works have begun and the hypermarket is expected to open by the end of 2017, with the shopping centre opening approximately one year later.
Peter Mills, Eurocommercial’s Director responsible for Sweden said, “The Swedish team, under the leadership of Martin Bjöörn, has developed considerable construction and leasing expertise in major extensions of our shopping centres over the years. The Kristianstad acquisition allows us to utilise this experience to acquire properties at an earlier stage, thus achieving much higher yields than simply buying existing assets in a highlycompetitive market.”
Robert Fonovich
Telephone: +46 8 463 32 69
robert.fonovich@catella.se
Six new employees join Catella’s Swedish Corporate Finance operations
28 October 2016
Catella enhances its Swedish property advisory services with six new analysts at the offices in Stockholm and Gothenburg to meet increased demand for both transaction advisory and capital-market related advisory services.
PRESS RELEASE
ROBERT FONOVICH, CATELLA
“The underlying market for property transactions remains strong. Even if the economy weakens, real estate will be highly attractive in relation to other asset classes. An investment in property combines the opportunity for attractive returns with inflation protection,” says Arvid Lindqvist, Head of Research at Catella.
“We are seeing many initiatives related to the capital markets, and interest from international investors remains high, both in Sweden and throughout the Nordic region. A number of institutions also wish to increase their exposure to property. To meet the increased demand for both transaction advisory and capital-market related advisory services, we are enhancing our Corporate Finance team with a number of new employees in commercial roles. Following these recruitments, our Swedish team numbers almost 40,” says Robert Fonovich, Head of Catella’s Swedish Corporate Finance operations.
Elin Ericson, a newly graduated real estate economist, Max Doherty, who joins us from Swedbank, and Dan Taranets from Capman have been employed at the Stockholm office. Gustaf Knall has been recruited internally to the Corporate Finance team. In November, Catella will also welcome Sophia Ångström from Credit Agricole to the Stockholm team.
Marcus Lotzman, a newly graduated economist, has been employed by the team in Gothenburg.
Catella’s Corporate Finance operations provide transaction advisory services in sales and acquisitions to national and international investors in Europe, with a focus on complex transactions. Catella also offers market analysis and strategic advice, as well as advice on financing, to companies in the real estate sector.
For more information, please contact:
Robert Fonovich
Head of Corporate Finance Sweden
+46 8 463 32 69
robert.fonovich@catella.se
Press contact:
Ann Charlotte Svensson
Head of Group Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se
News from Catella
Press release 2016-08-10
Catella enhances Corporate Finance with senior recruitment
Micael Averborg has been recruited to Catella as Head of Transactions at Catella’s Corporate Finance operations in Stockholm. Micael joins us from Atrium Ljungberg where he was a member of the management team and was Business Area Director for Transactions and Marketing. He has worked in senior roles within the real estate industry for nearly 20 years.
Press release 2016-09-02
Catella: Parking in Europe – investors focus on multi-storey car parks
Until now, multi-storey car parks have barely been on investors’ radars. Ongoing yield compression of traditional property investments is changing all that. There are currently around 300 million public parking spaces in Europe and 48,000 multi-storey car parks. However, there is a vastly diffuse nature to the companies that provide parking facilities, lacking in uniformity.
Press release 2016-09-22
Catella: Property sector benefits from Brexit-effect
In the September edition of the Swedish “Catella Real Estate Debt Indicator”, the property sector does not appear to have suffered from the Brexit vote. The property companies’ loan-to-value has increased while their average interest rate has fallen, and listed property companies have outperformed the stock market. However, although the CREDI Main index increased from 41.0 to 42.5, the property debt financing market is still in contraction.
A world-class tennis facility – Catella Arena
The Good to Great Tennis Academy and the municipality of Danderyd today announce the start of construction on a tennis facility in Stockholm with Catella as venue sponsor. The Catella Arena will be one of the world’s leading tennis facilities, where recreational players will be able to train alongside current and future tennis stars.
“Since we opened the Good to Great Tennis Academy at the beginning of 2011 we have worked hard to bring Swedish tennis back to world leadership. The Catella Arena will give us a facility that provides the best environment for being able to realise this vision, with tennis training, physio and sports injury treatments, as well as important provisions such as nutrition and schooling,” says Nicklas Kulti, one of the founders of Good to Great.
The Catella Arena, which is expected to be ready for inauguration after the summer of 2017, will be a public facility with seven indoor tennis courts, seven outdoor tennis courts, three indoor paddle tennis courts, three outdoor paddle tennis courts, an ultra-modern gym with a sports injury treatment room, a restaurant, schooling facilities and 18 rooms for overnight accommodation. As a way of giving back to the ATP and WTA tour, Good to Great Tennis Academy and Catella Arena will welcome ATP/WTA tier 1 members and their coaches to use the facilities for training.
“We are extremely pleased that the municipality of Danderyd will have a public world-class facility where our local residents will be able to play tennis and train alongside the current generation and the next generation of top tennis players,” says Olle Reichenberg, chairman of the Danderyd municipal council.
“Good to Great makes an important contribution to young tennis talent and to raising the profile of Swedish tennis internationally. Catella has been a proud sponsor of tennis for more than 15 years, and has been a main sponsor of Good to Great since 2015. With the Catella Arena we are taking the next step in our long-term commitment to Swedish tennis. In addition to making it possible for young talent to reach their full potential, our commitment to tennis creates new business opportunities for us and strengthens Catella’s brand,” says Knut Pedersen, President and CEO Catella.
“We welcome the Good to Great Tennis Academy to Danderyd, where there is great interest in tennis among juniors and seniors, both competitive players and recreational players. It is exciting that the municipality of Danderyd will have a venue on the tennis map of the world, where we can combine tennis at all levels, both professional and recreational. Collaboration between all stakeholders will allow us to serve more tennis players,” say Sten Alfredsson, chairman of the Danderyd Tennis Club, Micaela Hjelm, head of the Djursholm Tennis Club, and Anders Lindgren, head of Enebyberg Tennis Sports Club.
About the Catella Arena
• Planned inauguration: after the summer of 2017
• The facility: approx. 12,000 m2
• Address: Rinkebyvägen 20, Stockholm, Sweden
• 7 indoor tennis courts, 7 outdoor tennis courts
• 3 indoor paddle tennis courts, 3 outdoor paddle tennis courts
• Ultra-modern gym with sports injury treatment room
• Restaurant
• Tennis shop
• Schooling facilities
• 18 rooms for overnight accommodation
About Good to Great
The vision of the Good to Great Tennis Academy is to become the leading and best tennis academy in the world. To match this ambition, a new tennis facility will be constructed on Rinkebyvägen in Danderyd. The people behind Good to Great include former tennis professionals Nicklas Kulti, Magnus Norman and Mikael Tillström. Read more at goodtogreatworld.com
About Catella
Catella is a leading specialist in property investments, fund management and banking, with operations in 12 countries across Europe. Catella is listed on First North Premier on Nasdaq Stockholm. Catella is listed on First North Premier on Nasdaq Stockholm. Read more at catella.com
For more information, please contact:
Nicklas Kulti
Partner, Good to Great Tennis Academy
+46 708 71 04 22
nicklas@goodtogreatworld.com
Press contact:
Ann Charlotte Svensson
Head of Group Communications, Catella
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se
About Catella: Catella is a leading specialist in property investments, fund management and banking, with operations in 12 countries across Europe. Catella is listed on First North Premier on Nasdaq Stockholm. Read more at catella.com.