The property is strategically located by the metro in the popular office sub-market Solna. Built in 1919/1920 and 2004, the property comprises four buildings mixing modern office space with the cultural heritage of the Swedish movie industry. The 9,400 square meter property is let to among others Filmstaden, Odeon Group and Universal Sony Pictures.

"We are excited by the opportunity to expand our presence in one of our key markets through the acquisition of such a unique property. The attractive location and the property’s potential suits our investment strategy perfectly," says David Neil, CEO of Genesta.

Genesta was advised by Roschier and PWC during the acquisition.