UK-based real estate investment and fund management firm Catalyst Capital has acquired retail assets in Sweden, Germany and Poland and office development in Paris for 194 million euros ($220.9 million).
Catalyst Capital acquired the assets for its new real estate fund, Catalyst Core Plus European Property Fund (CCPEPF).
The acquired assets include Galleria Center Syd in Malmo, the Rathaus Center Dietzenbach near Frankfurt, the Zielony Targówek retail park in Warsaw and the company agreed to forward fund an office development in Saint-Denis, Paris.
CCPEPF will have an initial $1.1 billion to invest in income-producing assets in every commercial real estate sector in northern Europe.