Finland — Genesta acquires the 66,680 square meter large logistics property Juvan Teollisuuskatu 25, Espoo, on the behalf of its fund GNRE Fund II. The seller is a fund managed by J.P. Morgan Asset Management.

Sweden — Brunswick Real Estate has alongside a major Nordic institution provided a EUR 101M loan to Kongahälla Shopping AB, a JV between Adapta Fastigheter and Alecta pensionsförsäkring. The loan will assist the company in the construction of Kongahälla Shopping, a new community shopping centre located in Kungälv north of Gothenburg, and provide a long-term financing once completed.

Sweden — Profi Fastigheter purchases the Gustavsberg 1:316 property, also known as Badkarsfabriken from Brunswick Real Estate. The property encompasses 21,000 sqm facilities for education, warehouse and production.

Finland — Brunswick Real Estate has announced the formation of Kielo, a real estate company aiming to acquire high quality commercial real estate in growing cities in Finland, together with its investors. Kielo has completed its first transaction acquiring a 40,000 square meter office property in Tampere from Aberdeen Standard Investment.