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By Tyler Rossi for CoinWeek .....   When the Allies withdrew the Reichsmark from circulation in their respective occupation zones on June 20, 1948 in

Catella Real Estate buys €52m Luxembourg office Catella Real Estate AG (CREAG) has acquired an office development in Luxembourg for the Sarasin Sustainable Properties - European Cities Fund (SSP) for around €52 million from Lafayette S.A. The building is located in the emerging Howald office district and offers 8,000 sqm of lettable space. Upon completion in Q1… […]

By IPE staff2021-03-02T16:14:00+00:00 Catella Real Estate and Bank J Safra Sarasin’s sustainable properties fund has added an office development in Luxembourg to its portfolio. Munich-based Catella said it has invested €52m on behalf of the Sarasin Sustainable Properties - European Cities Fund (SSP) to buy the office development from Lafayette. The building at 60 Rue des Bruyeresis is located in the emerging Howald office district and offers 8,000sqm of lettable space. Upon completion in the first quarter of the year, it will be occupied by the Saint Pauls Luxembourg media group. Axel ...

02.03.21 ) Munich-based investment manager Catella Real Estate AG (CREAG) has acquired an office development in Luxembourg for the Sarasin Sustainable Properties - European Cities Fund (SSP) million from Lafayette S.A. The building is located in the emerging Howald office district and offers 8,000 sqm of lettable space. Upon completion in Q1 2021 it will be occupied by the Saint-Paul Luxembourg media group, now part of the Belgian Mediahuis Group, owner of e.g. the Luxembourger Wort, Luxembourg Times and Radio Latina, on a long-term lease. Axel Ber...