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By teaming up with Strutt & Parker, Nordic adviser Catella aims to leverage off the sharia investors that its UK partner advises.

The London-based firm acts as sharia adviser for Kuwaiti Finance House and Malaysian and Indonesian investors but is only active at present in the UK, senior partner Andy Martin told PropertyEU. 'With Catella we can now access Paris and Germany too.'

The partnership, which was announced at Mipim in March, does not involve any financial transaction, but Catella´s managing director Anders Palmgren does not rule out an equity swap in the future. ‘The alliance is a first important step. We have common goals and a common strategy. Strategically, this is a good geographic and cultural fit.’

The full article is published in PropertyEU Magazine. A link to the digital version is available to subscribers.