Kielo acquires in Helsinki Metropolitan Area (HMA)
The real estate company Kielo, managed by Brunswick Real Estate, has acquired an office property (Martintalo) in the Finnish city of Vantaa 20 kilometers outside Helsinki. The property built in 1992 comprises 14,000 square meters of office space and is located with good transportation and connections in Vantaa and greater Helsinki area.
Hanna Rauhala, Fund Manager at Brunswick Real Estate, says:
“The Martintalo property with its great location and diversified tenant mix makes a perfect fit in the Kielo strategy and we believe we can further enhance the property with our sustainability investment agenda. It is also a great pleasure to have closed such significant acquisition in the current circumstances of Covid-19 and we look forward to grow further”
The Martintalo property was acquired from Areim on 29 October, purchase price is not disclosed.
For more information please contact:
Brunswick Real Estate, Investments
Phone: +358 40 029 7312
Founded in October 2017, Kielo has made eleven acquisitions in growing Finnish regional cities and the HMA. The portfolio currently comprises approximately 234,000 square meters of modern office space, a majority of which has been built after 2000. The company’s focus is on active asset management and older properties are being refurbished in stages.
About Brunswick Real Estate
Brunswick Real Estate is a market leading investors and credit financing provider in the Nordic real estate market. The group builds independent, sustainable investment platforms, focused on identified investment strategies in close collaboration with Nordic and international investors and has repeatedly been awarded best in class within its areas by Preqin and Euromoney. The current combined AUM is EUR 4.7bn and the team comprises about 60 people in Stockholm, Helsinki and Copenhagen. www.brunswickrealestate.com.