Catella opens office in Madrid, recruits first class advisory team

Catella Property Group, a leading continental European property advisor and provider of asset management services and fund management services, makes a move into the Spanish property market and opens an office in Madrid, Spain.

"In 1992 Catella's property arm started in Sweden in what was then a distressed Swedish property market. The market in Sweden then was somewhat similar to Spain's current market condition. Catella quickly carved a niche as a re-structuring and re-financing specialist in the property sector at a challenging time and today enjoys a market leading position in the Nordics and other European countries. We see the opportunity to replicate this success in Spain and we are happy to have recruited a highly qualified team", says Johan Ericsson, Group CEO of Catella Property Group.

The new management team consists of Borja Márquez, the former Head of Investments at Savills Spain; Carlos López who was previously Head of Retail Investment at Knight Frank Madrid and José Ignacio Sánchez who was Deputy Head of Investments at Savills Spain. Borja Márquez will serve as the Managing Director of Catella Property in Spain.

"Catella's experience of working in distressed markets and its focus on the Corporate Finance and Capital Markets sectors attracted us to the group. We have also had the opportunity to work with members of the Catella team in France and are impressed with their business approach", commented Borja Márquez, the newly appointed MD of Catella in Spain.

"Our new Spanish team, given their past track record and experience, together with Catella's experience from corporate finance assignments and complex property transactions on the European property market will make them stand out from the crowd. Our ambition is that our Spanish team will enjoy a strong position in their business lines as our other offices do throughout continental Europe," says Johan Ericsson.

The Spanish operation will be branded Catella Property Spain and intends to act in an advisory capacity in the following areas:

Property transaction advisor

Connecting local property owners and local developers with international institutional investors
Cross-border transactions

Assisting and suggesting financing structuring and restructuring

The office is located at Velázquez, 135 in the centre of Madrid.

source : Catella Property Group