December 16, 2016 / 8:08 AM / a year ago

BRIEF-Catella to invest in Munich and Nuremberg through new fund

Dec 16 (Reuters) - Catella AB :

* To invest in Munich and Nuremberg through new fund Catella BAVARIA

* Munich-based investment manager Catella Real Estate launches a new real estate fund, Catella BAVARIA

* Fund will focus on metropolitan areas of Munich and Nuremberg, with equity target of 250 million euros ($261.1 million)

* Intention is to acquire core and core+ properties valued at 5 million euros or more

Source text: bit.ly/2hr6jgy

Further company coverage: ($1 = 0.9576 euros) (Gdynia Newsroom)

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