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Kielo acquires in Helsinki Metropolitan Area (HMA)

Investments, Press Release

Helsinki, 30 October 2020

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.

“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,” said Hanna Rauhala, Fund Manager at Brunswick Real Estate.

The Martintalo property was acquired from Areim on 29 October, purchase price is not disclosed.

 

For more information:

Hanna Rauhala
t. +358 40 029 7312
e: hanna.rauhala@brunswickrealestate.com

 

About Kielo

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. www.kieloproperties.fi 

About Brunswick Real Estate

Brunswick Real Estate is one of the Nordic region’s leading investors in the Nordic real estate market, with an offering including investment management through real estate investment and debt financing. The group has repeatedly been awarded best in class within its areas by Preqin and Euromoney. The team comprises about 60 people in Stockholm, Helsinki and Copenhagen. www.brunswickrealestate.com.