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ARTICLES TAGGED WITH "Genesta"

Genesta Signs Major Lease in Helsinki

Finland Finland — The building is now fully leased apart from a small retail premise on street level. Krogerus will move in following the ongoing renovation, which is scheduled to be completed during fall 2021.

Genesta Sells Juvanmalmi Logistics Centre in the Helsinki Metropolitan Area

Finland Finland — Genesta sells Juvanmalmi Logistics Centre located in Espoo on behalf of its fund, GNRE Fund II. The 60,900 square meter logistic center was acquired in February 2018 and has since been upgraded with e.g. solar panels and LED lights. The fully leased property was awarded with BREEAM In-Use Good certification in 2020.

Genesta Acquires in Central Stockholm

Sweden Sweden — Genesta enters into an agreement to acquire the office property Repslagaren 34 on behalf of its fund GNRE Fund III from Klara Norra Fastigheter.

Why Genesta Target Every Nordic Market

Nordic — David Neil, CEO and Founding Partner of Genesta, tells Nordic Property News about the latest purchase, which Nordic markets that attracts the most and future investment targets.

Genesta Buys an Office Property in Stockholm

Sweden Sweden — Genesta acquires the office property Filmstaden 23 in Solna, Stockholm on behalf of its fund GNRE Fund III from G.S.S Fastigheter AB.

David Neil: ”Oslo Is at the Top of our List”

Norway Norway — Genesta’s CEO David Neil on the succesful 2019, their focus in the Nordic capitals and the upcoming investments.

Genesta Sells Prime Office Property in Copenhagen for EUR 190 Million

Denmark Denmark — Genesta sells the prime office property Kalvebod Brygge 32 in central Copenhagen for DKK 1 420 million (EUR 190 million) on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) to the Swedish listed real estate company Klövern.

Genesta Divests Office Property in Oslo to Malling & Co

Norway Norway — Genesta sells the office property Mariboes gate 13 in central Oslo to Malling & Co Eiendomsfond.

How the Swedish Market Differs from the Rest of the Nordics

Nordic — David Neil, CEO and Founding Partner of Genesta, tells why retail is still interesting and how Sweden stands out compared to other Nordic markets. “Sweden is the most important market for us.”

Genesta Secures EUR 334M in First Closing for Third Value Add Fund

Nordic — Genesta completes the first closing of its third value add fund in the amount of 334 million euros. The commitments have been secured from eight investors from its predecessor fund. The closing follows the successful completion of the investment period for the predecessor fund GNRE Fund II, which is expected to significantly exceed its return target.

This Is What Nordea Liv Aims for

Norway Norway — Nordea Liv's Investment Director on the latest deal and where they look for the next acquisition.

Why Foreign Investors Turned Down the Oslo Deal

Norway Norway — Last week, Genesta sold an attractive property in central Oslo. But Linn Idsø Brenne, Partner at the analysis company Pangea Property Partners, would have liked to see a foreign buyer. For Nordic Property News she explains why.

Genesta Divests in Oslo

Norway Norway — Genesta divests its holding in the CBD office property Dronning Mauds gate 15 on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) to Carnegie Norway who has acquired the property on behalf of Nordea Liv.

Genesta Sells Antinkatu I in Helsinki

Finland Finland — Genesta sells the office property Antinkatu 1 on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) to Schroder Nordic Real Estate Fund.

Genesta Acquires from Skanska

Sweden Sweden — Skanska has sold the logistics property Norra Hamnen Kubiklager in Malmö, Sweden, for MSEK 285 (EUR 27M). The buyer is a fund managed by Genesta Property Nordic.

Genesta Acquires Helsinki Office Property

Finland Finland — Genesta has acquired the landmark office property Porkkalankatu 3 located in Ruoholahti, Helsinki from Niam.

"We See Great Potential in HMA"

Finland Finland — Genesta made their fifth Finnish acquisition when they bought 67,000 sqm logistics in Espoo from JP Morgan. Genesta's CEO David Neil tells Nordic Property News how they will develop the property and their strategy to move forward in Finland.

Genesta Aqcuires Large Logistics Property in Espoo

Finland Finland — Genesta acquires the 66,680 square meter large logistics property Juvan Teollisuuskatu 25, Espoo, on the behalf of its fund GNRE Fund II. The seller is a fund managed by J.P. Morgan Asset Management.

Genesta Acquires in Stockholm

Sweden Sweden — Genesta has, on behalf of Genesta Nordic Real Estate Fund II, acquired Arninge Centrum from Unibail-Rodamco.

Genesta Acquires in Oslo

Norway Norway — Genesta has on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) acquired the 14,000 sqm office building Mariboes gate 13 in Oslo from T. Klaveness Eiendom AS. The purchase price is EUR 59 million.

EQ Finnish Real Estate Acquires Shopping Centre

Finland Finland — EQ Finnish Real Estate has acquired the retail centre Liila in Espoo from Genesta.

Genesta Divests Property in Helsinki

Finland Finland — Genesta has sold the office property Atomitie 5 located in Helsinki on behalf of Genesta’s fund GNBRE (Genesta Nordic Baltic Real Estate). The property was acquired by Areim Fund III.

JP Morgan Sells Landmark Property in Helsinki

Finland Finland — Genesta acquires the 11,200 square metre large landmark office property Hämeentie 11 located in Sörnainen, Helsinki, on behalf of its fund GNRE Fund II. The seller is a fund managed by JP Morgan Asset Management.

Alecta Acquires Retail Park in Stockholm

Sweden Sweden — Alecta has acquired the 25,000 sqm retail park Värmdö marknad in Stockholm from Genesta.

Genesta Acquires Prime Office Property in the Oslo CBD

Norway Norway — Genesta Nordic Real Estate Fund II has acquired the office property Dronning Mauds gate 15 in Oslo CBD from Eksportfinans ASA.