Christoffer Abramson new CFO at Catella AB

Christoffer Abramson has been appointed Chief Financial Officer and member of Group Management at Catella AB (publ). Christoffer most recently comes from a role as CFO at EF Real Estate Holdings in Boston.
In his role within the EF Group, Christoffer has been involved in building a global Real Estate group based in the USA. Prior to that, he worked as an operating executive for various Private Equity-funds in London and Paris. Christoffer started his career at General Electric where he worked for 10 years in various roles, most recently as CFO of GE Real Estate in London.
”In Christoffer, with his solid background and experience in the international Real Estate sector, Catella gets an important contribution to further develop the business and ensure future growth.” says Johan Claesson, acting CEO and President of Catella AB.
Christoffer Abramson will take up the role of CFO at Catella on 15 October 2020. The appointment is subject to the approval of the Supervisory Authority in Luxembourg, Commission de Surveillance du Secteur Financier.

For further information, please contact:
Johan Claesson
Acting CEO and President
+46 70 547 16 36
Jonas Burvall
Head of Group Communications
+46 766 27 97 55
jonas.burvall@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 160 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

Catella’s transaction of development project Grand Central completed

Catella AB (publ) has, as previously communicated, through its associated companies, signed an agreement with German Real Estate company Consus RE AG (previously operated under name CG Gruppe AG), to divest the property development project Grand Central in Düsseldorf, Germany. The transaction is now completed and will have a positive effect on profit after tax of approximately SEK 155 M during the third quarter 2020.
Consus RE AG has taken over a significant part of the property development project Grand Central in Düsseldorf for their long term oriented portfolio. The project has been developed and managed by Catella’s German subsidiary Catella Project Management GmbH which is further on mandated from two family offices for the development of subsidized residential part of the project. Catella AB’s investment was conducted through the associated companies Nordic Seeding GmbH and Grand Central Beteiligungs GmbH.
The total effect of the transaction on profit after tax amounts to approximately SEK 170 M, of which SEK 15 M was reported during the fourth quarter of 2019.

This is information that Catella AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13.30 a.m. CET on August 14, 2020.
For more information, please contact:
Niklas Bommelin
Investor Relations
+46 8 463 34 26, +46 768 91 12 40
niklas.bommelin@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 160 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

New CEO of Catella Fondförvaltning AB

Fredric Calles has today been appointed acting CEO of Catella Fondförvaltning AB (publ) (“Catella Funds”). Former CEO Erik Kjellgren leaves his position with immediate effect. Fredric Calles is currently Head of Alternative Investments at Catella AB (publ).

Fredric Calles was previously a member of Group Management at AB Industrivärden, where he worked as Head of Asset Management and Head of Investments as well as CEO of the subsidiary Nordinvest. Prior to that Fredric was Head of Trading at Alfred Berg Fondkommission.

“In connection with Catella AB selling 70 percent of Catella Funds to Athanase Industrial Partner, the company enters a new phase, which requires a new leadership. Fredric Calles solid experience of building strong innovative organizations together with a deep knowledge of risk management makes him the right person to lead Catella Funds. The accession has also taken place in consultation with Athanase. I would also like to thank Erik Kjellgren for his contributions to the company. ” says Johan Claesson, acting CEO of Catella AB and Chairman of the Board of Catella Fondförvaltning AB.

Fredric Calles will take over as acting CEO as of today and will undergo the usual management review at the Swedish Financial Supervisory Authority.

For more information, please contact:

Johan Claesson
Acting CEO and President, Catella AB and Chairman of the Board, Catella Fondförvaltning AB
+46 70-547 16 36

Fredrik Calles
CEO Catella Fondförvaltning AB
+46 72-237 15 61

Jonas Burvall
Head of Group Communications, Catella AB
+46 766-27 97 55
Jonas.burvall@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 160 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.