Kielo makes 5th acquisition in Finland

11 September 2018

Keilo, part of Brunswich Real Estate, has made its fifth acquisition on the Finnish market. The deal with Nordic investment manager Niam, sees Kielo purchase three office buildings in the Vantaankoski, Herttoniemi and Leppävaara districts of Helsinki. The total office space of the buildings is 53,000 sqm. Although the price of this deal has not been disclosed, Kielo have stated that the value of their assets in Finland is now around €500m. Patrik Andersson, a partner at Brunswick Real Estate, says the company is looking primarily for properties with strong fundamentals. “Our investment strategy continues to focus on modern and high-quality offices situated in established locations,” he said. Keilo was set up by Brunswick Real Estate in October 2017 to invest in growing Finnish cities.

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