8 heinäkuu 2005, Stockholm
Coop Nordern engages Catella Corporate Finance to implement new property strategy
In the press release as of May 20, 2005 it was announced that Coop Norden plans to divest approximately one third of its property portfolio. The total portfolio consists of approximately 500 properties totaling more than 1,500,000 sq.m.
As part of the property strategy Coop Norden will also carry out an analysis of the remaining property holdings to optimize its operations.
"Coop Norden will carry its (property) strategy in line with its (company) decisions", Property Director, Jesper Loiborg announces. Loiborg is heading the project for Coop Norden.
Coop Norden has selected Catella Corporate Finance as advisor to implement new property strategy.
"By engaging Catella we assure the best possible implementation of this strategy for Coop Norden. The project is expected to be carried out before yearend", Jesper Loiborg states.
For further information, please contact:
Jesper Loiborg, Coop Norden Danmark A/S,
+45 43 86 32 01
+45 51 59 32 01
Johan Ericsson, Catella Corporate Finance AB,
+46 8 463 33 13 Direct
+46 70 544 00 00 Mobile
Jesper Bo Hansen, Catella Corporate Finance A/S
+ 45 33 93 75 93 Direct
+ 45 20 25 23 30 Mobile
Catella Property Group in brief
Catella Property Group is a leading transactions advisor in the European real estate market, combining local expertise with international capacity. The group provides high quality property transaction services and property-related corporate finance expertise in selected European countries. Thus far in 2005, Catella Property Group acted as advisor in property-related transactions with a property value of approximately EUR 3.7 billon. For more information about Catella please visit www.catella.com
Catella Property Group
P.O. Box 5894
Birger Jarlsgatan 6
+46 (0)8 463 3308 (direct)
+46 (0)8 463 3395 (fax)
+46 (0)70 605 2167 (mobile)