Can you introduce the Catella Group and Catella France in a few words?
Founded in 1987 and listed on Nasdaq in the Mid Cap segment, Catella Group is present in Europe and more specifically in the Nordic countries, through 25 offices in 13 countries.
Founded in 2001, Catella France currently has 80 employees and 3 main activities that revolve around 3 companies: Catella Property: specialized in business real estate advice (all types of assets except residential) for French and international institutional and private investors, within the framework of mandates for the sale or advice on the acquisition of individual assets or portfolios of assets; Catella Valuation: specialized in real estate valuation and advice of all asset classes on behalf of institutional and private investors, as well as banks; and finally Catella Residencial: expert in the commercialization of new and old residential properties, in blocks or by cut (sales & acquisitions) as well as in bare ownership. Catella France’s turnover is approximately 40 million euros.
Who are your company’s customers today?
Our clients are mainly institutional investors: venture capital funds, savings banks (insurers, mutuals, pension funds), OPCI and SCPI, listed real estate, developers, but also real estate and family offices.
In terms of experience, what are the services and solutions currently offered by Catella France?
Catella France covers all commercial segments of the real estate market offering a full range of advisory services and expertise for all types of investors and across all asset classes combining in-depth knowledge of real estate markets and a personalized approach to service. of each assigned mission.
How does Catella France stand out in its business market?
Through the various services it offers, what sets Catella apart in the market is the structured approach of a partner investment bank with extensive experience in real estate markets to carry out complex transactions, both in terms of their arrangements and their sizes. . A unique positioning that can be summed up in Catella’s baseline: “The link between property and finance”
What challenges do you face in this market?
We are facing a real estate market that has become more granular, with investors looking to further diversify their assets with CSR objectives to integrate, the rise in interest rates, an essential readjustment of values, the provisions of the new PLU and the necessary transformation of the use of certain assets, or even the reduction of structured sales processes within the framework of mandates entrusted to the benefit of operations outside the market.
A difficult period for all players, and it is our ability to overcome this environmental pessimism that will allow us to gain market share and prepare for a recovery that will accompany a downward trend in key rates. Probably in 2024.
What will be the novelties of Catella France in the coming months?
An exciting internal evolution with the coming of age of a new generation in all three structures. Great ability to adapt to new situations.
Catella Property, like the current commercial real estate market, supports its clients in their diversification strategies: in fact, given the context, many players seek to ensure the sustainability of their assets. One of the real challenges of the moment is also the change of use and specifically of the office assets where the Catella Property team is currently working on some mandates that could augur what could be a strong market trend in the treatment of landfills. tertiaries.
Catella Property also has senior and junior profiles with multidisciplinary skills distributed in 3 offices in France (Paris, Lyon and Nantes) and is attentive to attracting new talent that would complete the team in the coming months.
Catella Valuation continues to grow with, on the one hand, the arrival of 3 new employees in the last 12 months (Sébastien Jonvaux, Mathias Dunas and Antoine Leroux) and, on the other hand, the completion of many new expertise missions related in particular to portfolios of health assets. , shopping centers for listed real estate, funds and users, all in a complicated market context (few transactions, sharp rise in yields) and more demanding (taking into account ESG, regulatory restrictions, etc.).
Catella Residential is currently working on probably the best mandates in the area. In particular, with three excellent portfolios in progress: one portfolio in the 6th arrondissement, the second in the west of Paris and the last one in the center of Paris for a total volume of 300 million euros. The team also performed well against a challenging market backdrop in both the new and old segments, with a building sold en bloc in the 1st arrondissement at nearly €19,000/m².
Catella Residential recently launched Catella Real Estate France, a new department dedicated to marketing exceptional residential properties in the heart of Paris. Catella Real Estate France
At Group level, Catella should return to the “investment management” market via the possibility of an external growth operation.
This content was produced with SCRIBEO. The BFMBUSINESS editorial team was not involved in the production of this content.
Source: BFM TV
