These acquisitions contribute with a modern office in central Tampere with a tax-financed tenant as well as a portfolio of light industry and big-box retail in good locations around the Helsinki region. It is a very good complement to our existing portfolio with strong tenants
We are pleased to have completed a substantial exit in Finland. This represents a major milestone for the two Fersen structures and we want to thank everyone involved, not least our local assets management partners in Finland
Bohild complements Brunswick’s existing six investments mandates very well. At Brunswick we have a clear focus on measurable improvement projects for the climate and the social context of our tenants, we are very happy to share these values with Länsförsäkringar and to have them with us on this journey.
We are happy to further strengthen our presence in regional cities in Finland. The properties have very good locations and contribute with additional stable cash flows and interesting development opportunities
Our goal is to influence borrowers to a positive development both in terms of environment and social issues. In addition to the effect it has on society, it also affects the underlying financial property values in the long run. The completed restructuring of the loan, together with Holmströmgruppen, has clear activities and evaluation methods, it is not only a milestone for us but for the entire finance and real estate industry
Our investment mandate with Nyfosa continues to grow in Finland. With these acquisitions we are expanding our presence in Jyväskylä and broaden the portfolio further with attractive locations and good returns. We have thus acquired properties on the Finnish market to a total value of approximately 3.4 billion SEK
We continue to build a good portfolio in the Finnish market. This acquisition complements the office portfolios and gives us modern industrial and retail properties in good locations with two well-established tenants
We are pleased to have started Nyfosa Finland's journey with these two deals, which both contribute with strong cash flows and sustainable rental levels in growing regional cities. The establishment of Nyfosa Finland has been well received by the market and we have a strong pipeline of potential transactions going forward
Hemmaplan aims to take a new approach to real estate investment. Our goal is to generate meaningful and measurable change in urban commercial centres and their surroundings through local presence, partnerships, and collaborations with local organsiations. The acquisition of Rosengård Centrum and the partnership with Trianon is the ideal start for the company, not least given Trianon’s experience and track record in social sustainability.
Kielo marks a clear success in the evolution of Brunswick, I am particularly proud of the comprehensive sustainability and energy efficiency projects underpinning the core of Brunswick’s beliefs and the team and organization in Finland.
We are thrilled to broaden our already established operations in Finland, and in particular to do this together with an agile and transaction-oriented company like Nyfosa. Our complementary fields of expertise and Brunswick’s proactive property management activities focusing on measurable sustainability give us the best starting point for a successful investment mandate.
We’ve taken the lead in property-related private debt in the Nordics and it’s great to be able to report that our business model is becoming an increasingly important alternative to traditional bank loans. Long secured loans and clear sustainability goals are an attractive combination for both borrowers and investors.”
The establishment of the partnership with Pictet provides an unparalleled opportunity for Brunswick to use its local expertise in a nuanced market to deliver strong returns. Our active approach to managing assets through development and measurable sustainability improvements is also in line with Pictet’s value-add strategy. We look forward to working with the team as we continue to look for further acquisition and development opportunities across the Nordics.
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.
We are very proud of the continued confidence shown by our investors, especially given the current circumstances in the market in the wake of Covid-19. Our business model of senior secured and long-term financing is becoming more important for the property sector as an alternative to traditional bank loans and bonds with shorter maturities. We are committed to ensuring our investors contribute to a measurably positive change. In addition to green issues such as reduced carbon dioxide emissions and smarter energy consumption, we also want to ensure that our investments lead to an improvement in aspects of social sustainability.
This investment is part of our ambition to give our customers the best risk adjusted returns as possible. BREC III is an established fund that provides secured loans for property financing. They also have positive ambitions in their sustainability work and continues to raise the bar, for example by having developed a framework for green loans.