European real estate investor Catalyst Capital has announced the appointment of Matthias Meuser to strengthen its Frankfurt office.

Meuser will primarily manage and supervise the renovation programmes currently underway at existing Catalyst assets in Hamburg, Berlin and Chemnitz before setting to work with the Weisseritz Centre, which Catalyst acquired recently. He was with the Frankfurt office of King Sturge before joining Catalyst.

Last year, Catalyst appointed Steven Jedlicki as country head for Germany. Jedlicki leads the office in Frankfurt.

Earlier this year Catalyst made its first new purchase in Germany in years, buying the Weisseritz Center in Frietal near Dresden on behalf of its European fund, Catalyst European Property Fund I. The investment volume of EUR 25 mln reflected an initial net yield of more than 10%.

Headquartered in London with offices in Paris, Frankfurt, Milan and Warsaw, Catalyst Capital purchases, develops and manages a portfolio of retail, office and industrial real estate, based upon opportunistic or value-added strategies.

In its 14 year history it has acquired, in partnership with institutional and private investors, a commercial real estate portfolio, comprising both individual assets and portfolios, totalling over EUR 4.1 bn.