Kielo, Brunswick Real Estate’s Finnish property business, has added a 14,000sqm office property to its portfolio.

The Martintalo property in Vantaa, built in 1992, was acquired from Areim for an undisclosed amount. 

The property built in 1992 comprises 14,000sqm 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, said: “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”

Founded in October 2017, Kielo has made eleven acquisitions in Finnish regional cities and the Helsinki Metropolitan Area.

To read the digital edition of the latest IPE Real Assets magazine click here. 

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