Sweden —
Genesta has signed an agreement to acquire a high-quality logistics property from Infrahubs. The property, completed in the end of 2022, is located along the E4 motorway in Jönköping. The total lettable area is circa 45,700 square meters and fully leased to Husqvarna with a long-term agreement. The acquisition is the sixth investment on behalf of Genesta's fifth fund GNRE Core Plus Open Ended, launched in 2021.