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Nyfosa grows Finnish property portfolio with industrial, retail deals

Nyfosa grows Finnish property portfolio with industrial, retail deals
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Nyfosa enters Finnish market via JV with Brunswick Real Estate


By IPE staff2021-04-15T14:18:00+01:00
Sweden-based real estate manager Nyfosa has entered the Finnish market via a partnership with Brunswick Real Estate.
Nyfosa and Brunswick Real Estate are teaming up to form a company with the aim of building up a SEK7bn (€685.9m) diversified property portfolio within five years.
Nasdaq Stockholm-listed Nyfosa will initially hold a 90% stake in the new company and the remaining 10% stake will be help by Brunswick Real Estate.
Brunswick Real Estate, which has operated in the Finnish market since 2006, will lead operational activities relating to transactions, property management and sustainability under a management agreement. ....

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