Roschier advised Genesta in the SEK 1 billion acquisition of a logistics property under construction
Genesta has acquired an 80,000 sqm logistics property under construction in Enköping, Sweden from Logistic Contractor for approximately SEK 1 billion. Roschier represented the buyer in the transaction.
The region of Enköping is ranked as one of the best logistics locations in Sweden. From there, traffic reaches Stockholm, Uppsala and Västerås within one hour.
Logistic Contractor (part of Wästbygg Group) will start construction of the logistics facility in the summer and it is expected to be completed during fall 2023. Genesta will take over the property after successful final inspection of the building.
Genesta is a fund and investment manager with investments in residential, office, retail and logistics assets and offices in Stockholm, Helsinki, Copenhagen and Luxembourg.