Recent work | October 4, 2021

Roschier acted for Genesta in the acquisition of two logistics properties in Stockholm

Fund and investment manager Genesta has acquired two last mile logistics properties located in Brunna Logistics Park in Stockholm, Sweden. The acquisition is the first on behalf of Genesta's fifth fund, GNRE Core Plus Open-ended. Roschier advised Genesta in the transaction.

The two properties, Viby 19:101 and Viby 19:96, comprise 16,900 sqm and are fully let on long leases. The buildings, constructed between 2015 and 2017, are both BREEAM certified.

Genesta is a fund and investment manager that specializes in commercial real estate in the four Nordic countries, investing in office, retail and logistics assets. GNRE (Genesta Nordic Real Estate) Core Plus Open-ended is an actively managed fund investing in commercial real estate in the Nordics. The fund was launched in 2021 with EUR 152 million in equity and targets commercial real estate assets across the Nordics.

Roschier’s core advisory team comprised Lisa Hybbinette, Chrissa Karambotis, Andy Li, Veronica Stiller, Andrew Laderman and Elisabeth Zhou.