Brunswick Forms New Company – Makes First Acquisition

Finland Finland Brunswick Real Estate has announced the formation of Kielo, a real estate company aiming to acquire high quality commercial real estate in growing cities in Finland, together with its investors. Kielo has completed its first transaction acquiring a 40,000 square meter office property in Tampere from Aberdeen Standard Investment. 

2017-10-03

Share via e-mail

Patrik Andersson. Image: Brunswick Real Estate
Patrik Andersson.

Kielo’s investment mandate is broad and flexible, enabling the company to pursue opportunities in growing cities in Finland. The objective is to create a property portfolio in excess of EUR 1bn over the coming years. Kielo’s investment strategy will be focused on high quality assets in prime locations generating high and stable returns through active and local asset management. Kielo will be managed by Brunswick Real Estate.

“This is an opportune time in the business cycle for a well-capitalised and experienced team to assemble and actively manage a real estate portfolio in Finland. We believe Kielo will be a strong partner to the industry and we are excited about growing this company,” says Patrik Andersson, Partner att Brunswick Real Estate. 
 




Maria Olsson Äärlaht
maria@nordicpropertynews.com




Deutsche AM on the Nokia HQ Acquisiton and Their Views of the Finnish Market

Finland Finland Deutsche Asset Management bought the former Nokia HQ from Exilion for EUR 164M. Ulrich Steinmetz, portfolio manager, Deutsche Asset Management’s open-ended real estate funds, tells Nordic Property News what attracted them about the building and their views of the Finnish market.


NCC Expands Factory in Vantaa

Finland Finland NCC has signed a contract to build a factory expansion in Vantaa, Finland, for Murata Electronics Oy. The project is a design and build contract and the value is approximately EUR 37M.

YIT Leases in Commercial Centre in Tikkurila

Finland Finland A major part of the office properties of the commercial centre Dixi, located at the Tikkurila railway station, has been leased. YIT completed the sales transaction of the second phase office properties to Etera Mutual Pension Insurance Company in December.

Exilion Makes Major Sale in Keilaniemi

Finland Finland Exilion sells a landmark office property in Keilaniemi to a fund managed by Deutsche Asset Management. The transaction is one of the biggest individual office property deals in Finland in 2017.

Retail Park Sold in Helsinki

Finland Finland The leasable area of the property is approximately 24,000 square meters.


NCC to Construct Major Hospital in Oulu

Finland Finland NCC has been selected as the construction partner for a hospital project in Oulu, Finland. The project includes two new buildings – a women’s and children’s hospital, and the first phase of a new main hospital.

Kielo on Their Second Acquisition and Why They Keep a Regional Focus

Finland Finland The Brunswick company Kielo completes their second acquisition on the Finnish market. In association with the purchase in Jyväskylä, Erik Widmark, partner at Brunswick Real Estate, tells Nordic Property News about the Finnish prospective and why Helsinki is not the main focus.

Aberdeen Acquires Sanoma's Former HQ

Finland Finland Advium acted as the seller’s advisor when Sanoma agreed to divest a prime CBD office property to a fund managed by Aberdeen Standard Investments.

Lumo Kodit to Build Rental Apartments in Helsinki

Finland Finland The construction of As Oy Helsingin Henrik Borgströmin tie 2 will start in early 2018.

Otavamedia Oy to lease office spaces at YIT’s Tripla

Finland Finland The first significant long-term tenancy of the office spaces at the Pasila urban centre Tripla has been signed with Otavamedia Oy. The lease agreement covers over 6,000 square metres on four different floors of the Tripla middle block, including a photo studio.