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Catella Property GmbH Kurfürstendamm 21 10719 Berlin, Germany http://www.catella.de
Contact Mr Anders Palmgren +46 8 463 32 36
Company logo of Catella Property GmbH
Catella Property GmbH

Catella closes unprofitable operations in Oslo

(PresseBox) (Stockholm, )
Catella has decided to wind up its property advisory operations in Oslo, against a background of weak earnings growth in recent years. Catella has a strong position in property advisory services in the Nordic countries, and Norway is a prioritised market on which Catella intends to continue offering property advisory services in the future.

During 2012, sales for the property advisory services in Norway were SEK 13.5 million, which corresponds to approximately 1 percent of Catella's total net sales, and earnings before tax were SEK - 7.3 million. During the first half of 2013, net sales were SEK 4.2 million
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.