PARIS, 31-Oct-2016 — /EuropaWire/ — Munich-based Catella Real Estate AG has engaged CACEIS as depository for two additional mutual funds. These two real estate funds were launched this year which attract combined assets of over one billion Euros. The funds invest in real estate in Northern and Western European countries, such as Germany, France, the Netherlands and Scandinavia.
Henrik Fillibeck, Member of the Management Board of Catella Real Estate AG, commented: “We are very pleased with the services delivered by CACEIS and especially appreciate their extensive expertise and proven business processes. For us, CACEIS is a highly flexible partner providing excellent customer service.”
“We are delighted that Catella has again shown its confidence in our services”, added Holger Sepp, Member of the Management Board of CACEIS in Germany. “We are servicing their entire German real estate fund range, which consists of four mutual funds and ten special funds currently amounting to assets of around €2.3 billion.”
CACEIS is the asset servicing banking group of Crédit Agricole dedicated to institutional and corporate clients. Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering execution, clearing, depositary and custody, fund administration, middle office outsourcing, forex, securities lending, fund distribution support and issuer services. With assets under custody of €2.3 trillion and assets under administration of €1.5 trillion, CACEIS is a European leader in asset servicing and one of the major players worldwide (figures as of 31 December 2015). www.caceis.com
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