New High-Profile Lease Agreement in Public

Genesta has signed lease agreement with Nokia in its landmark office property, Public in Copenhagen. The global telecommunications company has established its Danish headquarters in the tower of the building.

Located in the heart of Ørestad, Nokia's new office will offer employees direct access to the metro, busses and the train station, with both the city centre and the airport reachable in nine minutes.

Since Genesta acquired the 32,704 square meter multi-let building in April 2021, it has undergone extensive renovations with focus on sustainability and the new way of working. Significant upgrades have been made to tenant spaces and common areas.

As a tenant in Public, Nokia will have access to modern inhouse services like restaurants, coffee bar, auditorium, meeting rooms and a lobby with high green trees.

- The partnership with Nokia underscores the Public's ambition to be the preferred hub for forward-thinking companies. We are pleased to welcome Nokia to Public, says David Neil, Genesta´s CEO.

About GNRE Fund III

GNRE Fund III’s strategy is to provide institutional investors with exposure to value add office property investments in Stockholm, Copenhagen, Helsinki and Oslo. The fund also invests in logistics and retail properties in large metropolitan areas in the Nordic region.

About Genesta

Genesta is a fund and investment manager that specializes in real estate in the four Nordic countries. We invest in residential, office, retail and logistics assets and have offices in Stockholm, Helsinki, Copenhagen and Luxembourg.

For further information about the company, please go to www.genesta.eu.