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.
Genesta ESG Update 2018 published
Genesta Acquires Verkö 4 in Malmö
Genesta Signs Major Lease with Law Firm at Kalvebod Brygge 32, Copenhagen
Genesta has acquired the landmark office property Porkkalankatu 3 located in Ruoholahti, Helsinki from Niam.
Genesta expands its range of funds to also include a core+ strategy. The new fund GNRE Core Plus had its first close in June 2018 and has simultaneously acquired assets in Sweden to a combined value exceeding EUR 100 million out of a total investment capacity of approximately EUR 700 million.
Genesta acquires the 13,400 sqm multi-let office property Styckjunkaren 3 located in Solna on behalf of its newly established fund GNRE Core Plus from Profi Fastigheter. The acquisition is the second property acquired by GNRE Core Plus. To date the fund has acquired assets with an underlying value in excess of EUR 100 million.
Genesta has, on behalf of its newly established fund, GNRE Core Plus, in an off-market transaction acquired the properties Överblicken 2, 6 and 9 totaling 35,200 sqm of the retail park Solåsen in Jönköping from Skandia Fastigheter.
Genesta has entered into a sale and purchase agreement to acquire the office properties Svea Artilleri 10 & 11 totaling 12,800 sqm on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) from AFA Fastigheter.
Genesta has on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) acquired the 30,000 m2 office building Kalvebod brygge 32 from DSB (the Danish State Railways).