Roschier advised Genesta in the acquisition of a 101,000 sqm logistics property from ICA Real Estate
Genesta has expanded its portfolio by acquiring a logistics property in Västerås, through an off-market transaction with ICA Real Estate. Roschier represented Genesta in the acquisition.
The property houses ICA’s central warehouse and as a part of the transaction ICA Real Estate has signed a 15-year lease agreement with Genesta. This marks Genesta’s seventh acquisition in the logistics sector within a two-year period, and its logistics portfolio now comprises more than 300,000 square meters.
Genesta is an independent real estate fund management company with focus on commercial real estate in the Nordic region. The company has offices in Sweden, Finland, Denmark and Luxembourg.