Stay up to date on the latest property news, fund news, aquisitions and divestments from Genesta.
Gym chain STC has signed a lease with Genesta for approximately 450 square metres in Zinko, at Hornsgatan 122–130 in Stockholm. The gym is scheduled to open around the turn of the year.
Genesta is pleased to announce that eQ Plc, the Finnish listed asset management group, has signed an agreement to acquire Genesta. Together, we will build a broader Nordic real estate investment management platform with a strong international reach.
For the second year, all three Genesta funds have received five-star GRESB ratings, placing them among the top 20 percent of participants globally.
Genesta has signed a lease agreement with Standout/Group Online at PUBLIC in Ørestad, Copenhagen. The company will occupy three floors – 15 to 17 – in The View, the building's office tower, totaling approximately 2,100 square meters.
Genesta is expanding its Investment Management team with a new Analyst position based in Stockholm.
Genesta has acquired a portfolio of three residential properties located in established districts of Espoo, within the Helsinki Metropolitan Area. The portfolio comprises approximately 8,600 square metres of lettable area, including 142 apartments and four retail units.
Until last year, global non-listed capital flows toward the Swedish residential sector remained relatively muted despite the acceleration in investment in the European private rented sector (PRS) over the past decade. However, institutional investors have a long history as active stakeholders in the Swedish residential market, primarily through Swedish domiciled listed property companies specialising in the sector.
Over the past decade, Stockholm has acquired a striking and evocative nickname: “Silicon Valhalla.” The label reflects a widely accepted narrative that Sweden’s capital—despite its relatively small size—has become one of the most prolific producers of billion-dollar technology companies in the world.
Genesta has signed approximately 5,500 sqm of retail space at Arninge C in north-east Stockholm with Power, thansen and a third retail operator.
