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Announced

ActivumSG to acquire CASA.

Synopsis

ActivumSG, a private equity investment manager, agreed to acquire CASA, a residential developer and construction contractor. CataCap Management also participated in the transaction. Financial terms were not disclosed. “CASA is a fresh example of our unconventional approach to accessing strong real estate investment themes through corporate acquisitions and other indirect routes. In this case our fund will gain exposure to the strong fundamentals of the Danish housing market and the dynamic build-to-rent sector, while avoiding the herd in competing for standing property assets. Corporate acquisitions have proven to be a great way to generate attractive returns for our investors, as highlighted by the successful exit of Instone in 2018," Saul Goldstein, ActivumSG Founder and CEO.

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