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Catella Buys a Building Containing 100 Rental Homes in Sevilla

The fund Catella Wohnen Europe has paid 17.5 million euros for a building comprising 101 rental homes in the Sevillian municipality of Dos Hermanas.

Catella Residential Investment Management (CRIM) and Catella Real Estate AG (CREAG) have acquired a residential rental building in Dos Hermanas (Sevilla) through their AIFM platform for the fund Catella Wohnen Europe (CWE) for 17.5 million euros.

The asset will be managed by Catella AM Iberia, which already has a portfolio of 1,700 homes in Spain. The building comprises 101 apartments with 1, 2 and 3 bedrooms, the same number of storage rooms and 106 parking spaces. In addition, the building has common areas such as a swimming pool, a children’s play area, padel and soccer courts and green space.

Read the full article in Spanish.

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