Nordic Update
Catalyst Capital makes first Nordic deal
Publicerad: 20 december 2018, 12:44
Center Syd. Photo: David Castor/Wikipedia.
British fund manager Catalyst Capital has acquired the Center Syd shopping center in Löddeköppinge outside Malmö, Sweden, from Barings. It is Catalyst‘s first acquisition in the Nordic region and the deal will be closed in January 2019.
The shopping center entails cirka 40,000 sq.m. of LFA, with anchor tenants such as supermarket ICA Maxi and H&M.
Catalyst‘s local partner in the Nordics is Ncap and to Fastighetsnytt, Björn Hallin partner at Ncap says that the fund that bought Center Syd is a core plus fund. He says Catalyst are on scouting the Nordic market for both retail and office properties.
Cushman & Wakefield and Mannheimer Swartling Law Firm advised Barings in the transaction and EY Laws and WSP advised Catalyst Capital.
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