Redeye is encouraged to see that Catella delivered a solid Q4 2022 report, despite a challenging real estate market. Like last quarter, the uncertain environment has made the company postpone some divestments in Principal Investments, most notably Kaktus. This will likely make 2023 a harvesting year for Catella. Redeye lifts its profitability estimates, leading to a slight upward adjustment of the fair value range.
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