Gunnar Mässing and Niclas Forsman Join Genesta

Stockholm, Sweden 03/10/14

Genesta is pleased to announce the appointment of Gunnar Mässing as Senior Retail Advisor at our Retail Team and Niclas Forsman who joins our Transaction Team as an Associate. Both appointments are at our Stockholm office.

Gunnar was CEO of Kista Galleria KB/AB from 2003 until 2013. His role will be to focus on strategy, business planning and shopping centre management. Much of his time will be spent developing our retail and shopping centre management capabilities, as well as sourcing new investments.

He brings with him over 30 year’s experience of the commercial real estate and retail sectors in Sweden. From 1994 to 1999 Gunnar Mässing was CEO of the listed property company NK Cityfastigheter AB. NK Stockholm and NK Gothenburg are the most exclusive shopping centres in Sweden. NK Cityfastigheter AB also owned several other shopping centres in Sweden. From 2000 to 2001 he was CEO of Detaljhandelsinvest AB, overseeing the acquisition of 60 privately owned Din Optiker (eye care chain) shops and the merger of 15 franchise stores. He was also CEO of Synoptik Sverige AB, the company that acquired the chain.

This new role at Genesta is an exciting challenge for me. What makes Genesta especially interesting for me is the company’s professional approach to the market, aligned with its proactive management and development of its investments. I am convinced that the addition of my specialist knowledge and skills to the Genesta Retail Team will advance our position in the market and among investors

- Gunnar Mässing

“With Genesta set to increase the volume of its investment in the retail segment we are especially pleased to have appointed Gunnar Mässing as Senior Retail Advisor. He brings with him to the Genesta Retail Team a unique skills set, combined with a huge amount of knowledge and experience from the retail and shopping centre sectors,” says David Neill, CEO of Genesta.

I am delighted to be joining the Genesta transaction team at this exciting stage of its development. With Genesta being much more active in the marketplace, I am inspired by the challenges that this will bring and being part of this expanding team of top Nordic real estate transaction specialists

- Niclas Forsman

Niclas Forsman joins our fast-growing transaction team in Stockholm as an Associate. He has proven experience in managing real estate corporate finance deals, property-related transactions, as well as debt and equity capital raisings. He joins us from Catella Corporate Finance in Stockholm, where he spent the past four years, and held the position of Associate Director.

He will be based in Stockholm where his skills and experience will be deployed as part of the Genesta Transaction Team covering the Nordic market.