Castellum acquires Kielo for approximately EUR 640 million
2021-07-03Castellum acquires the real estate company Kielo, part-owned and managed by Brunswick Real Estate (“Brunswick”), for approximately EUR 640 million. Kielo was launched in October 2017 together with Blackstone Tactical Opportunities with a mission to create a modern real estate company focused on sustainable and high-quality offices across Finland.Today Kielo owns 22 high-quality office properties of which 70% has an environmental certification. The portfolio comprises approximately 237,000 sqm lettable area in Finland's most attractive growth centers and fastest growing