Catella : and Nasdaq launches Property Index

Together with Nasdaq, Catella launches a new index based on the largest property management companies on the Stockholm Stock Exchange under the name Nasdaq Catella Sweden Property Index.

The selection of companies included in the property index consists of property management companies on Nasdaq Stockholm and First North Sweden and the index weights are determined by market capitalization and liquidity in each share.

'The development for property-related shares on the Stockholm Stock Exchange has been strong in recent years, which is not least shown by the great interest in the overall stable cash flows in the sector. Through the Nasdaq Catella Sweden Property Index, we want to differentiate the property management companies and their characteristics from construction companies and developers', says Carl Wingmark, Head of Property Advisory at Catella.

'In addition to generally increasing the focus on property management companies, the Nasdaq Catella Sweden Property Index will also form the basis for a new index fund called Catella Property Index Fund Sweden and a new systematic fund, Catella Systematic Property Fund Active. Catella intends to launch both funds in the near future. This will take place in collaboration with Catella Fondförvaltning AB', says Johan Claesson, acting CEO of Catella AB.