Catella Partners with Barings to Develop Affordable Living in Copenhagen

Catella Real Estate AG has partnered with Barings to advance an affordable living development project in Copenhagen, showcasing top-tier ESG standards. This initiative, pursued under Catella's Principal Investments business area, emphasizes leveraging their strong financial position to seize high-conviction opportunities amidst challenging markets. The collaboration marks Barings' first real estate venture in Denmark, aiming to create sustainable and inclusive housing solutions. Named 'Vega', the project emphasizes sustainability through the use of low-emission materials and energy-efficient solutions, and prioritizes social impact by addressing the acute housing shortage in Greater Copenhagen with affordable, multi-generational living options. It continues the vision set by Catella's previous project, GreenPoint, known for its pioneering double platinum certification achievements. The partnership reflects a broader strategy for Catella to diversify and enhance its portfolio through strategic equity use, co-investments, and partnerships, ultimately aiming at an increase in long-term shareholder value.