Henrik Bastman Joins Genesta

Stockholm, Sweden 03/09/15

Henrik Bastman has joined Genesta as head of transactions. He will be responsible for acquisitions and sales across all markets where Genesta has a presence. Henrik will also become a director of the company and be a member of the management group. He will take up his new position at Genesta in October.

Henrik joins us from AXA Real Estate, where he was head of the Nordics.

“We are delighted to have recruited such an expert and highly-qualified person as Henrik to lead our transactions operation. As well as his team leadership abilities, he brings with him valuable knowledge and experience from being active in all the markets where we invest.” says David C. Neil, CEO of Genesta. “This recruitment is part of our goal-oriented effort to build the best institutional platform for property investments in the Nordics.”

At the start of the summer, Genesta Nordic Real Estate Fund II had its first closing at EUR 165 million. Genesta expects to raise a total of between EUR 350 and EUR 400 million for this new fund and an initial acquisition has been made in Helsinki.